Commodity Futures Trading Commission, Cross-Appellee v. Nelson Bunker Hunt, Cross-Appellants
Court of Appeals for the Seventh Circuit
1Opinion of the Court
SWYGERT, Circuit Judge.
This case presents several issues arising out of a complaint brought by the Commodity Futures Trading Commission, pursuant to the Commodity Exchange Act, against seven members of the Hunt family and an affiliated company. The complaint was instituted by the Commission on April 28, 1977 to compel the defendants to comply with limits established by the Commission on the speculative position that any individual or group may have in soybean futures contracts. See Commodity Exchange Act, § 4a(l), 7 U.S.C. § 6a(l) (Supp.1978); Rule 150.4, 17 C.F.R. § 150.4 (1977).
The…
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