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STOREY v. SHEARSON-AMERICAN EXP.

No. 90-2285.

928 F.2d 159 (1991)

Gloria A. STOREY, Individually and as Executrix of the Estate of William D. Storey, Deceased, Plaintiff-Appellee, v. SHEARSON-AMERICAN EXPRESS and Jon Grady Deaton, Jointly and Severally, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

April 5, 1991.

Attorney(s) appearing for the Case

Will S. Montgomery, Jenkins & Gilchrist, P.C., Dallas, Tex., Jeffrey L. Friedman, Theodore A. Krebsbach, New York City, for defendants-appellants.

Denis A. Downey, Downey & Sullivan, Brownsville, Tex., for plaintiff-appellee.

Before REAVLEY, JONES and SMITH, Circuit Judges.

REAVLEY, Circuit Judge:

The district court refused to enforce an agreement to arbitrate a dispute over alleged commodities trading fraud on the ground that the agreement failed to conform to Commodities Futures Trading Commission regulations which the court applied retroactively. We disagree.

BACKGROUND

Gloria Storey, individually and as executrix of her husband William's estate, sued Shearson/American Express Inc. (Shearson) and Jon Deaton, Shearson...

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