DRW Investments Sues to Forestall CFTC Enforcement Action
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DRW Investments LLC, a Chicago-based investment firm, filed a pre-emptive lawsuit against the Commodity Futures Trading Commission seeking a court’s finding that the company didn’t breach derivatives trading regulations.
DRW Investments and its principal, Donald R. Wilson, sued the CFTC today in federal court in Chicago, saying its case is a response to the agency’s “stated intention to bring an enforcement action.”