Legal Opinion
Monex International, Ltd. v. Commodity Futures Trading Commission
Court of Appeals for the Ninth Circuit
Decided May 14, 1996No. 94-70330PublishedCited by 1 opinion
1Opinion of the Court
BOOCHEVER, Circuit Judge:
Monex International Ltd. (“Monex”) seeks review of an order issued by the Commodity Futures Trading Commission (“CFTC” or “the Commission”) in a reparations proceeding. The Commission affirmed two decisions made by Administrative Law Judges (“ALJ”). One ALJ found that Monex violated CFTC Regulation 31.23, 17 C.F.R. § 31.23, when it refused to comply with Barry Weiss’ request to rescind two leverage contracts purchased from Monex. A second ALJ found that Weiss did not ratify the contracts and that he satisfied his duty to mitigate damages. We affirm the Commission’s…
2Cases cited5 opinions
- Burton Blistein v. St. John's CollegeCourt of Appeals for the Fourth Circuit · 1996
- Wamsley v. Champlin Refining and Chemicals, Inc.Court of Appeals for the Fifth Circuit · 1993
- Robert D. Morris v. Commodity Futures Trading Commission, Stotler and Company S. Bruce Pattison Stephen Greenfield, IntervenorsCourt of Appeals for the Ninth Circuit · 1992
- Theodore Purdy v. Commodity Futures Trading CommissionCourt of Appeals for the Fifth Circuit · 1992
- John H. Williams Ellen B. Williams v. Agribank, Fcb, (Two Cases)Court of Appeals for the Eighth Circuit · 1992
3Cited by1 opinion
- Comm. Fut. L. Rep. P 26,692, 96 Cal. Daily Op. Serv. 3386, 96 Daily Journal D.A.R. 5538 Monex International, Ltd. v. Commodity Futures Trading Commission Barry WeissCourt of Appeals for the Ninth Circuit · 1996