Box Office Futures Decision Receives Extension

on June 07, 2010

Source: THR

The CFTC was originally supposed to deliver a decision on Monday as to whether or not trading futures based on box office performance would be permitted, but the regulatory agency has now granted Trend Exchange a new June 14 deadline. The Cantor Exchange will still receive word on June 28.

Securing approval has been an uphill battle for both companies thanks in no small part to vocal opposition from the MPAA, NATO and various guilds.

Tags: CFTC, Trend Exchange, The Cantor Exchange

read all News »


No comments were posted.

What do you think?