Commodity Futures Trading Commission v. American Metal Exchange Corp.
District Court, D. New Jersey
1Opinion of the Court
OPINION
HAROLD A. ACKERMAN, District Judge.
I. INTRODUCTION
In this action, the Commodity Futures Trading Commission (“CFTC”) and the States of Florida and New Jersey seek the issuance of injunctive and ancillary equitable relief against various persons and corporations allegedly engaged in conduct which violates the Commodity Exchange Act (“CEA”), 7 U.S.C. § 1 et seq., N.J.S.A. 49:3-60, et seq., and Fla.Stat.Ann. § 517.101 et seq.
In July of 1987, the court granted such relief as against defendants American Metals Exchange (“AME”), Anglo Swiss Metals (“Anglo Swiss”), FC & M Investment Corp. (“FC…
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