J. Donald GOODWIN, Appellant, v. ELKINS & CO., Robert G. Hayden, Richard Sichenzio, and Gabriel F. Nagy, Appellees

OPINION ANNOUNCING THE JUDGMENT OF THE COURT

GARTH, Circuit Judge.

In this case, we are asked to give further definition to what constitutes a security within the meaning of federal securities law. Goodwin asserts that his partnership contract in a brokerage firm is a security interest, enabling him to invoke the provisions of the Securities Exchange A.ct in seeking vindication of his claims. The district court, 558 F.Supp. 1375, held otherwise, and dismissed Goodwin’s claim brought under federal securities law, and remitted his common law claims to arbitration. We affirm.

I

Plaintiff J. Donald…