Legal Opinion
Commodity Exchange, Inc. v. Commodity Futures Trading Commission
District Court, S.D. New York
Decided July 29, 1982No. 81 Civ. 3698PublishedCited by 7 opinions
1Opinion of the Court
OPINION
EDWARD WEINFELD, District Judge.
This is an action by Commodity Exchange, Inc. (“Comex”) for a declaratory judgment and an injunction against the enforcement of a decision by the defendant, Commodity Futures Trading Commission (the “Commission”) which disapproved Comex’s “straddle rules,” which have been in effect since approximately 1970. The parties are in accord that there are no disputed fact issues; accordingly, each moves for summary judgment pursuant to Rule 56 of the Federal Rules of Civil Procedure.
In 1974, after an extensive re-examination of federal legislation of futures…
2Cases cited38 opinions
- Mathews v. EldridgeSupreme Court of the United States · 1976
- Goldberg v. KellySupreme Court of the United States · 1970
- Butz v. EconomouSupreme Court of the United States · 1978
- Udall v. TallmanSupreme Court of the United States · 1965
- Consumer Product Safety Commission v. GTE Sylvania, Inc.Supreme Court of the United States · 1980
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3Cited by7 opinions
- Point Landing, Inc. v. Omni Capital International, Ltd.Court of Appeals for the Fifth Circuit · 1986
- Jordon v. New York Mercantile ExchangeDistrict Court, S.D. New York · 1983
- Commodity Exchange, Inc. v. Commodity Futures Trading CommissionCourt of Appeals for the Second Circuit · 1983
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. BobkerDistrict Court, S.D. New York · 1986
- Point Landing, Inc. And Point Landing Fuel Corp. v. Omni Capital International, Ltd., Defendants-Third Party Plaintiffs- Appellants-Appellees v. Rudolf Wolff & Co., Ltd., Defendant-Third Party and James Gourlay, Third Party William S. Smith, Jr., and Ruby M. Smith v. Omni Capital International, Ltd., Defendants-Third Party Plaintiffs v. Rudolf Wolff & Co., Ltd. And James Gourlay, Third Party Frank J. George and Brenda A. George v. Omni Capital International, Ltd., Defendants-Third Party Plaintiffs v. Rudolf Wolff & Co., Ltd. And James Gourlay, Third Party Dennis M. Rosenberg and Joan Rosenberg v. Omni Capital International, Ltd., Defendants-Third Party Plaintiffs v. Rudolf Wolff & Co., Ltd. And James Gourlay, Third PartyCourt of Appeals for the Third Circuit · 1986
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