Cftc v. British American Commodity Options Corp., 434 U.S. 1316 (1977)

Commodity Futures Trading Commission v.


British American Commodity Options Corp.
No. A-86 (77-96)


Decided August 8, 1977
434 U.S. 1316

ON APPLICATION TO VACATE STAYS

Syllabus

The Court of Appeals entered stays of mandate preventing enforcement of a certain regulation of the Commodity Futures Trading Commission, pending this Court’s disposition of petitions for certiorari by respondents, 3 commodity options dealers association and several of its members. The Commission’s application to vacate the stays is denied, since it appears that the risk of harm from deferring enforcement of the regulation for a few more months is outweighed by the potential injury to respondents if the regulation were allowed to go into effect, and since four Justices conceivably will vote to grant certiorari.