United States Sixth Circuit

In a suit brought by the Commodities Futures Trading Commission (CFTC) against defendant and his company alleging he misrepresented facts and omitted pertinent information when soliciting customers to trade in foreign currency, in violation of the Commodity Exchange Act (CEA), summary judgment for defendant is affirmed where the trades at issue were not "futures contracts" subject to the CFTC's jurisdiction.

Appellate Information

• Decided 01/09/2008
• Published 01/09/2008

Judges

• Before:  BATCHELDER and DAUGHTREY, Circuit Judges;  ACKERMAN, District Judge.

Court

• United States Sixth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Martin B. White, Commodity Futures Trading Commission, Washington, D.C., for Appellant.  Brent L. English, Law Office of Brent L. English, Cleveland, Ohio, for Appellees.   ON BRIEF:  Nancy R. Page, Commodity Futures Trading Commission, Washington, D.C., for Appellant.   Brent L. English, Law Office of Brent L. English, Cleveland, Ohio, for Appellees.