NFA approves Sleeper Markets as futures commission merchant
The NFA approved Sleeper Markets LLC to operate as a futures commission merchant and swap firm, clearing a registration hurdle for Sleeper's planned event-contract business. Sleeper then dismissed its lawsuit against the CFTC without prejudice, preserving the company's ability to bring the case again.
The approval allows Sleeper Markets to provide event-contract trading markets to consumers, though not to supply the contracts.