US courts restrict territorial reach of Commodity Exchange Act

Recent cases make it harder to pursue instances of overseas misconduct

US courts have recently taken a more restrictive view of the overseas reach of US derivatives law, something that is likely to hamper anti-manipulation claims in US courts and could even dampen the overseas investigations of the Commodity Futures Trading Commission (CFTC), say lawyers.

“There’s been some very significant developments in US case history recently, and an emerging doctrine that may make it harder to bring cases to US courts that involve alleged misconduct in overseas markets,

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: