Legal Opinion

Rosenthal v. Bagley

District Court, N.D. Illinois

Decided May 18, 1978No. 78 C 1365PublishedCited by 3 opinions

1Opinion of the Court

MEMORANDUM OPINION AND ORDER

CROWLEY, District Judge.

This is an action for declaratory and injunctive relief seeking to enjoin enforcement of Regulation 32.11 promulgated by the Commodity Futures Trading Commission (CFTC). The regulation, which purports to be temporary, makes it unlawful for any person to solicit or accept orders for, or accept money, securities, or property in connection with the purchase or sale of any commodity option as of June 1, 1978. Plaintiffs Rosenthal & Company, an options broker, and Dowdex Corporation, a grantor of dealer options for which Rosenthal is the sole…

2Cases cited5 opinions

  1. Bowman Transportation, Inc. v. Arkansas-Best Freight System, Inc.Supreme Court of the United States · 1975
  2. Weinberger v. Hynson, Westcott & Dunning, Inc.Supreme Court of the United States · 1973
  3. United States v. Storer Broadcasting Co.Supreme Court of the United States · 1956
  4. Federal Power Commission v. Texaco Inc.Supreme Court of the United States · 1964
  5. Environmental Defense Fund, Inc. v. Environmental Protection AgencyCourt of Appeals for the D.C. Circuit · 1976

3Cited by3 opinions

  1. Commodity Futures Trading Commission v. U. S. Metals Depository Co.District Court, S.D. New York · 1979
  2. Commodity Futures Trading Commission v. Morgan, Harris & Scott, Ltd.District Court, S.D. New York · 1979
  3. Commodity Futures Trading v. American Board of Trade, Inc.District Court, S.D. New York · 1979

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