Legal Opinion
Commodity Futures Trading Commission v. Board of Trade of the City of Chicago, and Chicago Mercantile Exchange
Court of Appeals for the Seventh Circuit
Decided March 1, 1983No. 82-1910, 82-2340PublishedCited by 77 opinions
1Opinion of the Court
POSNER, Circuit Judge.
These consolidated appeals by the Commodity Futures Trading Commission from orders entered in companion suits that the Commission brought against the Chicago Board of Trade and the Chicago Mercantile Exchange require us to decide questions of mootness and its procedural consequences.
The suits grew out of events which began in 1975, when the Commission (which regulates the nation’s commodity exchanges under the Commodity Exchange Act, 7 U.S.C. §§ 1 et seq.) authorized the Mercantile Exchange to create a futures market in 13-week Treasury bills. In 1977 the Commission…
2Cases cited15 opinions
- United States v. W. T. Grant Co.Supreme Court of the United States · 1953
- United States v. Munsingwear, Inc.Supreme Court of the United States · 1950
- North Carolina v. RiceSupreme Court of the United States · 1971
- Lummus Company v. Commonwealth Oil Refining Company, Inc., Lummus Company v. Honorable Archie O. DawsonCourt of Appeals for the Second Circuit · 1962
- Great Western Sugar Co. v. NelsonSupreme Court of the United States · 1979
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3Cited by77 opinions
- Camreta v. GreeneSupreme Court of the United States · 2011
- McTernan v. City of York, Penn.Court of Appeals for the Third Circuit · 2009
- David A. Clarke v. United StatesCourt of Appeals for the D.C. Circuit · 1990
- United States v. Juvenile MaleSupreme Court of the United States · 2011
- United States v. Antone R. White, A/K/A ToneCourt of Appeals for the D.C. Circuit · 1997
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