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Commodity Futures Trading Commission 

CEA CASES 

NAME: HARVEY SCHILLER 

DOCKET NUMBER: STIPULATION 130 

DATE: DECEMBER 7, 1970 

DOCUMENT TYPE: STIPULATION OF COMPLIANCE 

UNITED STATES DEPARTMENT OF AGRICULTURE 

BEFORE THE SECRETARY OF AGRICULTURE 

In re: Harvey Schiller 

Stipulation of Compliance Under the Commodity Exchange Act No. 130 

The Secretary of Agriculture has reason to believe that Harvey Schiller has 

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

the regulations of the Secretary of Agriculture promulgated thereunder (17 CFR, 

Chapter 1). No complaint with respect to such violations has been issued and 

the said Harvey Schiller 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 

Harvey Schiller for the purposes of this stipulation of compliance and 

administrative proceedings under the Commodity Exchange Act and for such 

purposes only, stipulates the following facts are true: 

(1) Harvey Schiller an individual whose address is 110 N. Franklin Street, 

Chicago, Illinois 60606 is now and was at all times material herein a registered 

floor broker under the Commodity Exchange Act and a member of the Chicago 

Mercantile Exchange, a duly designated contract market under the Commodity 

Exchange Act. 

(2) The futures transactions hereinafter referred to relate to pork belly 

futures contracts on the Chicago Mercantile Exchange. Each of such contracts 

called for the delivery of 30,000 pounds of pork bellies. Such contracts could 

have been used for hedging transactions in interstate commerce in pork bellies, 

or for determining 

the price basis of transactions in interstate commerce in pork bellies, or for 

delivering pork bellies, sold, shipped, or received in interstate commerce. 

(3) On February 17, 1969, Harvey Schiller acting for the account of a 

customer of Bache & Co., Inc. offset such customer's order to sell one May pork 

belly contract against a purchase order received from a customer of Helfer 

Commodities Corp. 

The Commodity Exchange Authority has advised Harvey Schiller that his actions 

as described above, were in violation of section(s) 4b of the Commodity Exchange 

Act and section(s) 1.38 of the regulations under the Commodity Exchange Act. 

The said Harvey Schiller agrees to desist from such acts and practices in the 

future. He further understands and agrees that this stipulation, which the 

Secretary of Agriculture is accepting only as to the acts and practices set 

forth above, shall be admissible as evidence of such acts and practices in any 

future proceeding based upon acts or practices occurring subsequent to the date 

of his signing of this stipulation of compliance which may be brought against 

him by the Secretary of Agriculture under the provisions of the said Act. He 

also understands that it is the practice of the Commodity Exchange Authority to 
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issue press releases on stipulations of compliance and to make them a matter of 

public record. 

Done at Chicago, Illinois 

this 7 day of Dec 1970 

[SEE SIGNATURE IN ORIGINAL] 

Witnessed by: 

[SEE SIGNATURE IN ORIGINAL] 

[SEE SIGNATURE IN ORIGINAL] 

LOAD-DATE: June 16, 2008 
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