Tag: jurisdiction
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CFTC Sues Kentucky Over Jurisdiction in Contract Market Dispute
The CFTC has sued Kentucky to block state efforts to shut down federally registered contract markets. The lawsuit asserts the CFTC's exclusive jurisdiction, aiming to prevent state laws from interfering with federal regulation of these financial entities.
Politics and GovernmentBusinessUSAFederal GovernmentState GovernmentsLegalFinancial MarketsEconomy CFTCKentuckyLawsuitJurisdictionContract MarketsFinancial RegulationGovernment
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CFTC Sues Rhode Island to Protect Federal Jurisdiction Over Contract Markets
The CFTC has sued to block Rhode Island from applying state gambling laws to federally registered contract markets. This intervention in federal court aims to preserve the Commission's jurisdiction over these financial instruments, preventing state-level interference.
Politics and GovernmentLaw EnforcementBusinessFederal GovernmentState GovernmentsLegalFinancial Markets CFTCRhode IslandLawsuitJurisdictionContract MarketsGambling LawsGovernment