The nation’s commodities swaps and derivatives regulator is appealing a federal judge’s decision that could change the way it brings enforcement actions and seeks to regulate the virtual currency market.
The Commodity Futures Trading Commission wants a panel of judges to hear a case it brought against Monex, a precious metals dealer. The agency asked the court to satisfy a few procedural steps in a May 25 notice of its plan to appeal.
The judge who heard the case has indicated the court will proceed with the request. Judge James Selna helped fast-track the process by filing a precertification for ...