Emil Lawrence v. Commodity Futures Trading Commission
Court of Appeals for the Ninth Circuit
1Opinion of the Court
CHOY, Circuit Judge:
I. BACKGROUND
A
Petitioner Emil Lawrence, who is registered with the Commodity Futures Trading Commission (“the Commission”) as an associated person (“AP”) of a commodity broker, was a respondent in an earlier Commission enforcement proceeding, In re First Commodity Cory, of Boston, CFTC Docket No. 79-28. On September 3, 1980, Lawrence agreed to a settlement in that proceeding. He consented to findings that he had violated antifraud provisions of the Commodities Exchange Act, 7 U.S.C. §§ 1-26 (1980) “the Act”, relating to transactions in commodity options, and agreed to pay…
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