Legal Opinion

People v. Monex International Ltd.

New York Supreme Court

Decided January 14, 1976Published

1Opinion of the CourtSamuel A. Spiegel, J.

Motions bearing calendar Nos. 42 and 51 of October 3, 1975 are consolidated for the purpose of disposition.

The defendant Monex International, Ltd. (hereinafter "Monex”) seeks an order vacating the preliminary injunction entered by this court on July 29, 1974, on the ground, inter alia, that jurisdiction over the subject matter of this proceeding has been pre-empted by the Commodity Exchange Act (US Code, tit 7, § 1 et seq.) as amended by the Commodity Futures Trading Commission Act of 1974 (CFTCA) (US Code, tit 7, §§ l-17b [eff April 21, 1975]). By a separate application the movant has…

2Cases cited7 opinions

  1. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  2. Maheu v. Reynolds & Co.District Court, S.D. New York · 1968
  3. Berman v. Orimex Trading, Inc.District Court, S.D. New York · 1968
  4. Mann v. R. Simpson & Co.New York Court of Appeals · 1941
  5. Werthner v. OleninNew York Supreme Court · 1945

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