Comm. Fut. L. Rep. P 26,692, 96 Cal. Daily Op. Serv. 3386, 96 Daily Journal D.A.R. 5538 Monex International, Ltd. v. Commodity Futures Trading Commission Barry Weiss

83 F.3d 1130 Comm. Fut. L. Rep. P 26,692 , 96 Cal. Daily Op. Serv. 3386 , 96 Daily Journal D.A.R. 5538 MONEX INTERNATIONAL, LTD., Petitioner, v. COMMODITY FUTURES TRADING COMMISSION; Barry Weiss, Respondents. No. 94-70330. United States Court of Appeals, Ninth Circuit. Argued and Submitted Dec. 8, 1995. Decided May 14, 1996. Edward J. Burke and Neil A. Goteiner, Farella, Braun & Martel, San Francisco, California, for petitioner. Robert S. Zwirb, Commodity Futures Trading Commission, Washington, D.C.; M. Van Smith, Palo Alto, California, for respondents. Appeal from the Commodity Futures Trading Commission; No. 89-R280. Before: BOOCHEVER and REINHARDT, Circuit Judges, and KING, * District Judge. BOOCHEVER, Circuit Judge: 1 Monex International Ltd. ("Monex") seeks review of an order issued by the Commodity Futures Trading Commission ("CFTC" or "the Commission") in a reparations proceeding. The Commission affirmed two decisions made by Administrative Law Judges ("ALJ"). One ALJ found that Monex violated CFTC Regulation 31.23, 17 C.F.R. § 31.23 , when it refused to comply with Barry Weiss' request to rescind two leverage contracts purchased from Monex. A second ALJ found that…