UNITED STATES OF AMERICA
COMMODITY FUTURES TRADING COMMISSION
CFTC Docket No. 00-R049
|INVESTORS TRADING GROUP, L.C.||
Respondent Investors Trading Group, L.C. ("ITG") seeks reconsideration of a July 3, 2000 delegated authority order that denied its application for interlocutory review.1 It argues that Commission Rule 12.309 does not require that it seek certification from the ALJ prior to submitting its application and that there are extraordinary circumstances that warrant immediate review because the ALJ's order deprives it of "its statutory right to have its potential financial risk negated by [c]omplainant's bond." Complainant did not submit a response to ITG's petition.
Our review of the record establishes that there is no persuasive basis for reconsidering the result of the July 3, 2000 delegated authority order. Accordingly, respondent's petition for reconsideration is denied.
IT IS SO ORDERED.
By the Commission (Chairman RAINER, and Commissioners HOLUM, SPEARS, NEWSOME, and ERICKSON).
Jean A. Webb
Secretary of the Commission
Commodity Futures Trading Commission
Dated: August 16, 2000
1 ITG sought review of an Administrative Law Judge's ("ALJ") order denying its motion to dismiss the complaint due to complainant Aarons's failure to comply with the requirements of Section 14(c) of the Commodity Exchange Act ("Act").