Commodities Futures Investors Appeal Dismissed For Lack Of Jurisdiction

Mealey's (February 26, 2020, 12:01 PM EST) -- CHICAGO — A Seventh Circuit U.S. Court of Appeals panel on Feb. 24 ruled that it lacked jurisdiction to hear an appeal of a federal district court’s ruling that commodities futures investors must arbitrate their claims at the National Futures Association (NFA) and not the Financial Industry Regulatory Authority (FINRA) because the lower court’s ruling was not a final decision over which the panel would have otherwise maintained jurisdiction (INTL FCStone Financial Inc. v. Dave Jacobson, et al., Nos. 19-2111 & 19-2123, 7th Cir., 2020 U.S. App. LEXIS 5486)....