Legal Opinion
First National Monetary Corporation and Michael Bivins v. A.J. Weinberger and Commodity Futures Trading Commission
Court of Appeals for the First Circuit
Decided June 4, 1987No. 86-3008PublishedCited by 27 opinions
1Opinion of the Court
BOGGS, Circuit Judge.
The First National Monetary Corporation and one of its account executives, Michael Bivins, (both parties hereinafter designated “FNMC”), petition for review of an order of the Commodity Futures Trading Commission (“CFTC”) requiring them to make a reparation payment of $186,720.45 plus interest to A.J. Weinberger, a former client. The order affirmed the Administrative Law Judge’s finding that FNMC had violated § 4o of the Commodity Exchange Act (“CEA”), 7 U.S.C. § 1 et seq., and 17 C.F.R. § 31.03 1 by fraudulently inducing Weinberger to buy and sell leverage contracts…
2Cases cited15 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- United States v. Grinnell Corp.Supreme Court of the United States · 1966
- Securities & Exchange Commission v. Capital Gains Research Bureau, Inc.Supreme Court of the United States · 1963
- Aaron v. Securities & Exchange CommissionSupreme Court of the United States · 1980
- Commodity Futures Trading Commission v. Jack W. SavageCourt of Appeals for the Ninth Circuit · 1980
10 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Grogan v. GarnerSupreme Court of the United States · 1991
- Fed. Sec. L. Rep. P 94,768 Phil A. Street and Clyde H. Street v. J.C. Bradford & CompanyCourt of Appeals for the Sixth Circuit · 1990
- In Re ContiCommodity Services, Inc., Securities LitigationDistrict Court, N.D. Illinois · 1990
- Dietz v. SandersCourt of Appeals for the Sixth Circuit · 2004
- Bert Dohmen-Ramirez and Wellington Advisory, Inc. v. Commodity Futures Trading Commission and Ronald HoCourt of Appeals for the Ninth Circuit · 1988
22 more not listed; retrieve them via the Exa API.