Bloomberg lawsuit against CFTC dismissed by court

06/9/2013 | Reuters · Bloomberg Businessweek · Wall Street Journal, The

A federal court has dismissed a lawsuit in which Bloomberg said a Commodity Futures Trading Commission rule governing swaps trading would damage its business. The court said Bloomberg failed to offer any evidence that its business would be harmed. "Bloomberg ... simply assume the worst-case scenario ... without grounding their assumption in the actual behavior," the ruling said.

View Full Article in:

Reuters · Bloomberg Businessweek · Wall Street Journal, The

Published in Briefs: