Samuel H. SLOAN, Petitioner, v. SECURITIES & EXCHANGE COMMISSION, Respondent

Samuel H. Sloan, plaintiff-appellant pro se, no stranger to this court, instituted this action essentially to protest a series of SEC suspension-of-trading orders imposed on the stock of Canadian Javelin, Ltd. (“CJL”), a Canadian corporation, in which Sloan dealt extensively.

The SEC has the statutory authority summarily to suspend trading in a stock on national exchanges or in the over-the-counter markets; at the time the events in question transpired, such suspensions could run up to ten days. Formerly Securities Exchange Act of 1934 §§ 15(c)(5) and 19(a)(4), 15 U.S.C. §§ 78o (c)(5) and…