Chicago Merc’s Policing Assessed: The Chicago Mercantile...

Chicago Merc’s Policing Assessed: The Chicago Mercantile Exchange and other futures markets should do a better job of cracking down on high-pressure telephone sales tactics at member firms, the staff of the Commodity Futures Trading Commission said. The staff report praised the exchange for responding to earlier suggestions for improvement, but said more needs to be done to ensure that “investigative procedures adequately address the issue of detecting abusive oral sales representations.”