UNITED STATES OF AMERICA
Before the
COMMODITY FUTURES TRADING COMMISSION

LAWRENCE L. SOMMERFELD

v.

REFCO, INC., et al.

______________________________________

HANS and LISA SCHNEIDER

v.

REFCO, INC. et al.

CFTC Docket Nos. 98-R009 and 98-R075

PURSUANT TO DELEGATED
AUTHORITY ORDER

Appellants in these two consolidated cases have appealed from the administrative law judge's initial decision dismissing their complaint. They now request an open-ended extension of time to perfect their appeals until 60 days after the initial decision is issued in a group of factually-related cases pending before a different judge. Appellees, the respondents below, oppose the request.

The motion for an open extension is DENIED. We may consider consolidation or other measures of judicial economy when and if any of the cases before the second administrative law judge actually come before us on appeal.

In light of counsel's vacation schedule and the length of the initial decision, appellants are hereby GRANTED a 30-day extension. Any appeal brief submitted for complainants shall be filed and served on or before April 5, 1999.

Complainants' unopposed request to file a brief not to exceed 60 pages is GRANTED for good cause.

IT IS SO ORDERED.1

_______________________________
J. Douglas Richards
Deputy General Counsel
Commodity Futures Trading Commission

Dated: March 2, 1999


1 By the Commission pursuant to delegated authority. 17 C.F. R. 12.408(a)(1)(1998).