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Commodity Futures Trading Commission 

CEA CASES 

NAME: FELIX ENDICO 

DOCKET NUMBER: STIPULATION 101 

DATE: APRIL 29, 1966 

DOCUMENT TYPE: STIPULATION OF COMPLIANCE 

UNITED STATES DEPARTMENT OF AGRICULTURE 

BEFORE THE SECRETARY OF AGRICULTURE 

In re: Felix Endico 

Stipulation of Compliance Under the Commodity Exchange Act No. 101 

The Secretary of Agriculture has reason to believe that Felix Endico has 

violated the provisions of the Commodity Exchange Act (7 U.S.C., Chapter 1) and 

the order of the Commodity Exchange Commission establishing limits on position 

and daily trading in potatoes for future delivery (17 CFR, 150.10). 

No complaint with respect to such violation has been issued, and the said 

Felix Endico is desirous of disposing of the matter by entering into a 

stipulation of compliance, as authorized by section 0.4(a) of the Rules of 

Practice under the Commodity Exchange Act (17 CFR, Part 0). Therefore, the said 

Felix Endico stipulates the following facts are true: 

(1) Felix Endico, an individual whose address is 272 Weyman Avenue, New 

Rochelle, New York, is now and was at all times mentioned herein a registered 

floor broker under the Commodity Exchange Act and a member of the New York 

Mercantile Exchange. 

(2) The transactions herein described were entered into by Felix Endico on 

the New York Mercantile Exchange, a duly designated contract market under the 

Commodity Exchange Act. 

(3) On March 23, 1966, Felix Endico made speculative purchases of 203 carlots 

in the May 1966 potato future for accounts held or controlled by him. 

(4) On April 18, 1966, Felix Endico made speculative sales of 156 carlots in 

the May 1966 potato future for accounts held or controlled by him. 

The Commodity Exchange Authority has advised Felix Endico that the purchases 

of May potato futures by the said Felix Endico on March 23, 1966, were in excess 

of the maximum amount of such purchases permitted by the order of the Commodity 

Exchange Commission establishing limits on position and daily trading in 

potatoes for future delivery and that the sales of May potato futures by the 

said Felix Endico on April 18, 1966, were in excess of the maximum amount of 

such sales permitted by the order of the Commodity Exchange Commission 

establishing limits on position and daily trading in potatoes for future 

delivery, and therefore such trading was in violation of such order and section 

4a of the Commodity Exchange act (7 U.S.C., 6a, 17 CFR, 150.10). Previous 

transactions by the said Felix Endico in excess of such limits were called to 

his attention by the Director of the Trading Division, CEA, in a letter dated 

February 8, 1966. 

The said Felix Endico agrees to desist from such acts in the future. He 

further understands and agrees that this stipulation is admissible as evidence 

of such acts in any future proceeding based upon acts or practices in addition 

to those referred to herein which 
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may be brought by the Secretary of Agriculture against him under the provisions 

of the said act. He also understands that it is the practice of the Commodity 

Exchange Authority to make stipulations of compliance a matter of public record. 

Done at New York, New York, this 

29 day of April, 1966 

[SEE SIGNATURE IN ORIGINAL] 

Felix Endico 

Witnessed by: 

[SEE SIGNATURE IN ORIGINAL] 

[SEE SIGNATURE IN ORIGINAL] 

LOAD-DATE: June 16, 2008 
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