Powerful trade group calls for single rule on futures

A heavyweight group of futures exchanges, brokers and market participants has challenged the authority of a US energy regulatory body and called for the creation of a single legal standard to overcome futures market manipulation.

The group, which is known as the Financial Industry Coalition, includes the Futures Industry Association, Managed Funds Association, the Chicago Mercantile Exchange, the International Swaps and Derivatives Association and the New York Mercantile Exchange.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump