HAMLEY, Circuit Judge:
This matter is before us on the petition of the San Francisco Mining Exchange (Exchange), to review an order of the Securities and Exchange Commission (Commission). The Exchange is registered as a national securities exchange under section 6 of the Securities Exchange Act of 1934 (Act), 48 Stat. 885 (1934), 15 U.S.C. § 78f (1964). The order under review, entered pursuant to section 19(a) (1) of the Act, 48 Stat. 898, as amended, 15 U.S...
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