Judge Calls CFTC’s Swap Rules ‘Inherently Contradictory’ as Novig Loses Bid to Block New York

Your call?🐂 Bullish🐻 Bearish

Judge Colleen McMahon refused to defer to the CFTC, whose October rules she called irreconcilable, and found at the preliminary-injunction stage that New York can require a state gambling license for Novig's sports event contracts.