UNITED STATES OF AMERICA
COMMODITY FUTURES TRADING COMMISSION
ALARON TRADING CORPORATION,
CFTC Docket No. 97-R079
ORDER OF SUMMARY AFFIRMANCE
After reviewing the record and the parties' appellate submissions, we conclude that the Judgment Officer committed no material error in dismissing the complaint in this matter and that the parties have not raised important questions of law or policy with respect to the Judgment Officer's determination that merit discussion. Accordingly, we affirm the Judgment Officer's Order of Dismissal with Prejudice, dated April 3, 1998.1
IT IS SO ORDERED.
By the Commission (Chairperson BORN and Commissioners HOLUM, SPEARS, and NEWSOME).
Jean A. Webb
Secretary of the Commission
Commodity Futures Trading Commission
Dated: March 23, 1999
1 Under Sections 6(c) and 14(e) of the Commodity Exchange Act, 7 U.S.C. §§ 9 and 18(e)(1994), a party may appeal a reparation order of the Commission to the United States Court of Appeals for only the circuit in which a hearing was held; if no hearing was held, the appeal may be filed in any circuit in which the appellee is located. The statute also states that such an appeal must be filed within 15 days after notice of the order and that any appeal is not effective unless, within 30 days of the date of the Commission order, the appealing party files with the court a bond equal to double the amount of any reparation award.