CME Group Secures Approval as Futures Commission Merchant, But Faces Significant Backlash
2 months ago
The Chicago Mercantile Exchange (CME) Group has recently received regulatory approval from the National Futures Association (NFA) to operate as a Futures Commission Merchant (FCM). This decision marks a significant step in the firm's expansion into the realm of futures trading. However, the approval has not come without considerable controversy, prompting backlash from several stakeholders in the financial market ecosystem.
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