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Tough outlook for SSFs


With the departure of NQLX from the single stock futures (SSF) business, industry participants are demanding regulators explore the rule changes that they believe need to be made in order to make the products viable.

Philip McBride Johnson, an attorney with Skadden, Arps in Washington and former Commodity Futures Trading Commission (CFTC) chairman, last week wrote a letter to CFTC chairman Sharon Brown-Hruska urging...

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