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Regulators Back Futures Market for Box Office Revenue
The CFTC approves the Trend Exchange to trade futures on predicted movie receipts, while major studios push a bill to ban such futures. Cantor Exchange and Veriana Ventures pursue similar forums. Regulators say these markets could hedge risk. studios argue the idea invites manipulation.
MENTIONED IN THIS ARTICLE
Los Angeles
U.S
Hollywood
U.S. Commodity Futures Trading Commission
Trend Exchange
Exchange
Blanche Lincoln
D-Ark
Wall Street
Motion Picture Association of America
National Association of Theatre Owners
The
Directors Guild of America
Independent Film & Television Alliance
Veriana Ventures
Veriana
Rob Swagger
Commodity Futures Commission
Cantor Exchange