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MPAA Asks Feds To Quash Box-Office Futures Trading

March 25, 2010

"The Commodity Futures Trading Commission has been reviewing applications from two companies that, if approved, would open markets to trade movie contracts. Buyers and sellers on the markets would place money on whether a movie will sail or sink at the box office." The MPAA says such trading could be viewed as "legalized gambling on movie receipts." The New York Times 03/24/10

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