First Commodity Corp. v. Commodity Futures Trading Commission
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM AND ORDER ON DEFENDANTS’ MOTION TO DISMISS OR, IN THE ALTERNATIVE, FOR SUMMARY JUDGMENT
SKINNER, District Judge.
Plaintiff First Commodity Corporation of Boston (“First Commodity”), a futures commission merchant registered with defendant Commodity Futures Trading Commission (the “Commission”), filed this action against the Commission and the individual Commissioners seeking injunctive and declaratory relief concerning the reparations program administered by the Commission pursuant to § 14 of the Commodity Exchange Act, as amended (the “Act”), 7 U.S.C. § 18. That section provides that…
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