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Commodity Futures Trading Commission 

CEA CASES 

NAME: A. FELDSTEIN 

DOCKET NUMBER: 36 

DATE: DECEMBER 5, 1945 

DOCUMENT TYPE: COMPLAINT 

UNITED STATES OF AMERICA 

BEFORE THE SECRETARY OF AGRICULTURE 

In re A. Feldstein Respondent 

CE-A Docket No. 36 

Complaint and Notice of Hearing under Section 6(b) of the Commodity Exchange 

Act 

There being reason to believe that the respondent has violated the Commodity 

Exchange Act (7 U.S.C. Secs. 1-17a), and the rules and regulations promulgated 

pursuant thereto, this complaint is issued alleging the following: 

1. 

A. Feldstein is an individual doing business under the trade name of A. 

Feldstein and Company at 938 Test Fulton Market, Chicago, Illinois. 

2. 

The Chicago Mercantile Exchange is a duly designated contract market under 

the provisions of the Commodity Exchange Act. 

3. 

At all times during the period from October 6, 1945, to October 30, 1945, the 

respondent held or controlled open contracts in 1945 November egg futures on the 

Chicago Mercantile Exchange equaling or exceeding 25 carlots, as set out in the 

following tabulation: 

See original document-page 1 

Futures commission merchants Total 

Date through whom transactions were quantity 

made (quantities in carlots) held 

1945 Weinberg Sol Rich Chas. short 

& Co. & Co., Keeshin, Inc. 

Oct. Bot Sold Bot Sold Bot Sold 

5 18 3 21

6 5 26

9 4 30

11 10 40

13 7 47

15 1 48

16 5 10 33

17 11 44

19 13 31

24 3 28

29 2 1 31

30 6 37

The respondent failed to report or cause to be reported his holdings in egg 

futures set out above as required under Section 41 of the Commodity Exchange Act 
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and Sections 5.10, 5.11 and 5.21 of the rules and regulations promulgated 

thereunder by the Secretary of Agriculture. 

4. 

The respondent was aware of the legal requirement for reporting, having 

previously held or controlled reportable positions in egg futures and having 

filed reports covering such positions at various times during the year 1944. 

The respondent was visited by representatives of the United States Department 

of Agriculture on October 23, 1945, and these representatives inquired of the 

respondent as to his holdings in egg futures contracts 

on that date. The respondent advised that he was short 11 carlots of November 

eggs and 14 carlots of December eggs, while as a matter of fact he was on that 

date short 31 carlots of November eggs and 14 car-lots of December eggs. The 

respondent was again visited by representatives of the United States Department 

of Agriculture on October 29, 1945, and was questioned concerning his holdings 

of egg futures as of that date. He stated that he was familiar with the 

reporting requirements and that he submitted reports when in reporting status. 

Therefore, the respondent is hereby notified to be and appear at a hearing to 

be held at 10:00 o'clock a.m., Eastern Standard Time, on the 21st day of January 

1946, in Room 2862, South Building, Department of Agriculture, Washington, D. 

C., before a referee to be designated by the Secretary of Agriculture, to 

conduct such hearing, and then and there show cause, if any there be, why an 

order should not be made directing that, until further notice of the Secretary 

of Agriculture, all contract markets refuse all trading privileges to the 

respondent, and further, suspending or revoking any registration of the 

respondent as futures commission merchant or floor broker as the case may be. 

The respondent will have 20 days after the receipt of this notice of hearing 

in which to file with the Secretary of Agriculture an answer in triplicate, 

fully and completely stating the nature of the defense and admitting or denying 

specifically in detail each 

material and relevant allegation of this complaint. Any allegations that are 

not answered will be deemed admitted for the purpose of this proceeding. 

It is ordered that this complaint and notice of hearing be served on the 

respondent by delivery to him of a true copy hereof by an employee of the 

Department of Agriculture or by registered mail at least 20 days prior to the 

date herein set for hearing. 

Done at Washington, D. C., this 5th day of December, 1945. 

/s/ Clinton P. Anderson 

Secretary of Agriculture 

LOAD-DATE: June 11, 2008 
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