UNITED STATES OF AMERICA
Before the
COMMODITY FUTURES TRADING COMMISSION

In the Matter of

NEW YORK CURRENCY RESEARCH
CORPORTION

 

CFTC Docket No. 98-3

ORDER PURSUANT TO
DELEGATED AUTHORITY

   

On June 15, 1999, the United States Court of Appeals for the Second Circuit issued a decision holding that petitioner New York Currency Research Corporation was not within the jurisdiction of the Commodity Futures Trading Commission ("Commission"). New York Currency Research Corp. v. Commodity Futures Trading Comm'n, 180 F.3d 83 (2nd Cir. 1999). The case was remanded to the Commission with instructions to dismiss the complaint.

In accordance with the Court's instructions, the complaint in the above-captioned case is hereby dismissed.

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: September 22, 1999