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UK Court of Appeal upholds principle of international cooperation between regulators

Group of traders fail to stop FCA assisting CFTC in crude oil futures trading investigation.

Article label: Quick Read

Martin Cloake

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Photo: Getty Images
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A group of UK traders have failed in their attempt to stop the Financial Conduct Authority (FCA) from helping the Commodity Futures Trading Commission (CFTC) seek evidence from them. The UK Court of Appeal refused an application from the traders for judicial review.

The CFTC is investigating dealing in crude

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