COMMODITY FUTURES TRAD. COM'N v. CROWN COLONY COMMODITY OPTIONS, LTD.

No. 77 Civil 2678.

434 F.Supp. 911 (1977)

COMMODITY FUTURES TRADING COMMISSION, Plaintiff, v. CROWN COLONY COMMODITY OPTIONS, LTD., a New York Corporation, Allen M. Goldschmidt, Arnold Tenney, Joseph Alter, Joel Steiner, Samuel Pattera, Martin Davidson, Ronald Yales, Defendants.

United States District Court, S. D. New York.

June 15, 1977.


Attorney(s) appearing for the Case

William R. Schief, Director, Division of Enforcement, Michael J. Stewart, Deputy Director, Robert A. W. Boraks, Sp. Trial Counsel, Stephen C. Leckar, Atty., Commodity Futures Trading Commission, Washington, D. C., for plaintiff; Leslie A. Blau, New York City, of counsel.

Levine, Reckson & Reed, Miami, Fla., for defendants Steiner and Alter; Allen Reed, Miami, Fla., of counsel.

Gusrae, Greene & Kaplan, New York City, for defendants Crown Colony Commodities Option Corp., Goldschmidt and Tenney; Martin H. Kaplan, David Greene, New York City, of counsel.

Mark Gasarch, New York City, for defendant Pattera.

Joseph Callahan, New York City, for defendant Davidson.


EDWARD WEINFELD, District Judge.

Plaintiff, the Commodity Futures Trading Commission (the "Commission"), a regulatory agency established under the 1974 amendments to the Commodity Exchange Act1 (the "Act" or "Commodity Act") and charged with the enforcement and administration of various provisions of the Act,2 brings this action for preliminary and permanent injunctive...

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