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IKON GLOBAL MARKETS v. COMMODITY FUTURES TRADING

Civil Action No. 11-cv-52 (RC).

859 F.Supp.2d 162 (2012)

IKON GLOBAL MARKETS, INC., Plaintiff, v. COMMODITY FUTURES TRADING COMMISSION, Defendant.

United States District Court, District of Columbia.

May 15, 2012.

Attorney(s) appearing for the Case

Thomas E. Patton, Butzel Long Tighe Patton, PLLC, Washington, DC, for Plaintiff.

Leslie Randolph, U.S. Commodity Futures Trading Commission, Washington, DC, for Defendant.

MEMORANDUM OPINION

RUDOLPH CONTRERAS, District Judge.

After losing an arbitration to one of its customers, IKON Global Markets, Inc. brought this suit. IKON is a futures commission merchant — essentially, a broker of futures contracts — registered with the National Futures Association ("NFA"), which is regulated by the Commodity Futures Trading Commission ("CFTC"). The arbitration was conducted by an NFA panel. IKON alleges that the panel erred...

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