D.C. Circuit reverses SEC ruling on SPIKES futures, calls it “arbitrary and capricious”
[ad_1] The U.S. Securities and Trade Fee (SEC) suffered one other setback on July 28 because the D.C. Circuit overturned a ruling by the regulator ordering that SPIKES Index securities needs to be handled as ‘futures’ quite than as ‘securities futures’. The decide panel referred to as the SEC order “arbitrary and capricious.” The choice … Ler mais