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Home / Opinion Digests / Commercial – Foreign Currency Trading – Commodities Exchange Act – Trading Debt (access required)

Commercial – Foreign Currency Trading – Commodities Exchange Act – Trading Debt (access required)

Although defendant, a professional trader, claims his multi-million dollar debt for trading foreign currency futures and options with plaintiff trading company cannot be enforced because his transactions with the company violated the Commodities Exchange Act, 7 U.S.C. 1 et seq., the district court did not err in concluding that the Act is inapplicable to such ...