US regulator loses retail fraud case appeal

A spokesperson for the CFTC in Washington said: “We are disappointed in the decision and are looking at all the available options.” This might include appealing until every judge on the seventh circuit has heard the case, he said. The CFTC has until August 14 to file papers if it wishes to appeal again.

The case centred on whether the contracts offered by AlaronFX could be classified as “contracts of sale of a commodity for future delivery” which are regulated by the CFTC. AlaronFX argued that

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 customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets 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 indvidual account here: