With the departure of NQLX from the single stock futures
(SSF) business, industry participants are demanding regulators
explore the rule changes that they believe need to be made in
order to make the products viable.
Philip McBride Johnson, an attorney with Skadden, Arps in
Washington and former Commodity Futures Trading Commission
(CFTC) chairman, last week wrote a letter to CFTC chairman
Sharon Brown-Hruska urging the regulator to review current
obstacles and challenges facing single stock futures in the
United States as the regulator approaches reauthorisation.
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