CFTC Declines To Cap Its Powers Against Disruptive Trading

Law360, New York (May 24, 2013, 3:08 PM EDT) -- The U.S. Commodity Futures Trading Commission on Friday said it has rejected suggestions that it curtail a new interpretive order designed to combat disruptive trading practices.

The interpretive guidance and policy statement, to be released Tuesday in the Federal Register, was created to provide guidance on a section of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which prohibits certain disruptive trading, practices or conduct, the CFTC said.

The Dodd-Frank Act amended part of the Commodity Exchange Act to add a new section titled “Disruptive...
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