CFTC Chair Selig: Will Continue to Sue the States for 'Impingements on Federal Authority'
summary
Selig announces the CFTC has filed federal suits against Arizona, Connecticut, Illinois, New York, Wisconsin (five states as of May 2026) after state regulators try to nullify federal law to preserve what are described as anti-competitive regimes. The agency uses lawsuits as its tool and says it will continue to sue whenever it sees those impingements on federal authority, framing litigation as the primary enforcement mechanism.
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