Kudos to the CFTC for Approval of Movie Futures Exchanges

As is being widely reported in the business media, the CFTC has approved the first movie futures exchange market that will not allow people to invest in movie futures. Kudos to the CFTC for sticking to their due process and approving the movie futures exchange application. The CFTC has established long-standing policies on how it works and approves applications and it has stuck by this process for both the Cantor Exchange and Veriana Networks. I'm sure there will be more discussion on this topic, but for now, the CFTC deserves kudos for moving forward.