As the Obama administration winds down, its regulators are showing no signs of letting up.  Last week the Commodities Futures Trading Commission (CFTC) decided that it should no longer be constrained by its subpoena power when it seeks to obtain highly confidential and propriety algorithms used by electronic trading firms.  In a 2-1 vote, the CFTC commissioners proposed a…
Continue Reading CFTC Proposes New Rule Allowing it to Obtain Trading Firm’s Trade Secrets Without Due Process