UNITED STATES OF AMERICA
Before the
COMMODITY FUTURES TRADING COMMISSION

                                

ARIANNE MONNIER                 CFTC Docket No. 95-R057          

                            
v.

LIND-WALDOCK & COMPANY,         ORDER OF SUMMARY AFFIRMANCE     
WILLIAM TODD O'GORMAN, and
TONY ROBERT KLANCIC

Our review of the record and the parties' appellate submissions establishes that the findings and conclusions of the presiding officer are supported by the weight of the evidence; we therefore adopt them. We further conclude that the presiding officer committed no error material to the outcome of this proceeding, and that the parties have not raised important questions of law or policy meriting extended discussion. Accordingly, we affirm the result of the initial decision without opinion. Nevertheless, the initial decision shall not be cited as Commission precedent or generally regarded as an expression of the Commission's views on the issues it resolved.

IT IS SO ORDERED.

By the Commission (Chairperson BORN, and Commissioners DIAL, TULL, HOLUM, and SPEARS).

____________________________

Catherine D. Dixon
Assistant Secretary of the Commission
Commodity Futures Trading Commission

Dated: May 2, 1997