Typical. This is the same bozo government agency that allowed the CME/CBOT merger without concern for monopoly pricing....and less competition.
They just keep trying to justify their existence (and salaries !).
Typical. This is the same bozo government agency that allowed the CME/CBOT merger without concern for monopoly pricing....and less competition.
They just keep trying to justify their existence (and salaries !).
The CFTC has as much a voice in two publicly traded exchanges merging as the FDIC has a say in two banks hooking up. That is none. Why should they? Ever hear of the FTC? These issues are their domain.
If you have a beef with Chicago's pricing then either a. lease a membership or b. trade Eurex.
