Commodity Futures Trading Commission v. Weinberg

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that “Defendant’s misappropriation of funds entrusted … for trading purposes is ‘willful and blatant activity’” in violation of Section 4b(a) of the CEA
• misappropriation of funds earmarked for trading constituted \willful and blatant fraudulent activity that clearly violates\ the Act
• false and misleading statements as to the amount and location of investors’ money violated Section 4b(a) of the Act
• the CFTC recovered restitution and civil penalties commodities, but never actually made such trades
• “Defendant’s misappropriation of funds entrusted to him for trading purposes is ‘willful and blatant fraudulent activity’ that clearly violates Section 4b(a) of the Act.” (quoting Noble Wealth, 90 F. Supp. 2d at 687)
• “Defendant’s misappropriation of 3 funds entrusted to him for trading purposes is ‘willful and blatant fraudulent activity’ that clearly 4 violates Section 4b(a) [7 U.S.C. § 6b(a)] of the Act.” (quoting Noble Wealth, 90 F. Supp. 2d at 5 687)

Source: CourtListener parenthetical corpus (CC0).