COMMODITY FUTURES TRADING COM'N v. BOARD OF TRADE

Nos. 82-1910, 82-2340.

701 F.2d 653 (1983)

COMMODITY FUTURES TRADING COMMISSION, Plaintiff-Appellant, v. BOARD OF TRADE OF the CITY OF CHICAGO, and Chicago Mercantile Exchange, Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided March 1, 1983.


Attorney(s) appearing for the Case

Joan L. Loizeaux, Sp. Counsel, Commodity Futures Trading Com'n, Washington, D.C., for plaintiff-appellant.

Scott E. Early, Kirkland & Ellis, James T. Malysiak, Freeman, Rothe, Freeman & Salzman, Chicago, Ill., for defendants-appellees.

Before BAUER, WOOD and POSNER, Circuit Judges.


POSNER, Circuit Judge.

These consolidated appeals by the Commodity Futures Trading Commission from orders entered in companion suits that the Commission brought against the Chicago Board of Trade and the Chicago Mercantile Exchange require us to decide questions of mootness and its procedural consequences.

The suits grew out of events which began in 1975, when the Commission (which regulates the nation's commodity exchanges under the Commodity Exchange Act...

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