COMMODITY FUTURES TRADING COMM'N v. ZELENER, 03-4245
Speculative transactions in foreign currency are not contracts of sale of a commodity for future delivery, and therefore are not properly regulated by the CFTC.
- Argued 06/01/2004
- Decided 06/30/2004
- Published 06/30/2004
- EASTERBROOK, Circuit Judge., Before EASTERBROOK, KANNE, and ROVNER, Circuit Judges.
- United States Seventh Circuit
- For Appellant:
- Kirk T. Manhardt (argued), C. MariaDill Godel, Commodity Futures Trading Commission, Office of the General Counsel, Washington, DC, for Plaintiff-Appellant.
- For Appellees:
- Lloyd A. Kadish, Kadish & Associates, Scott E. Early (argued), Foley & Lardner, Chicago, IL, for Defendants-Appellees.