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COMMODITY FUTURES TRADING v. ROSENTHAL & CO.

No. 76 C 3904.

545 F.Supp. 1017 (1982)

COMMODITY FUTURES TRADING COMMISSION, Plaintiff, v. ROSENTHAL & COMPANY, et al., Defendants.

United States District Court, N. D. Illinois, E. D.

August 18, 1982.

Attorney(s) appearing for the Case

Helen G. Blechman, Washington, D. C., for plaintiff.

Ralph A. Mantynband, Arvey, Hodes, Costello & Burman, Chicago, Ill., for defendants.

MEMORANDUM OPINION

SHADUR, District Judge.

Commodity Futures Trading Commission ("CFTC") initially sued Rosenthal & Company and a number of individual defendants, charging their sale of so-called "London commodity options" violated the anti-fraud provisions of the Commodities Exchange Act (such sales have since been rendered wholly illegal by the Futures Trading Act of 1978, 7 U.S.C. § 6c). This Court's January 26, 1982 order dismissed the action...

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