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Commodity Futures Trading Commission 

CEA CASES 

NAME: THE SIEGEL TRADING CO., INC. JOSEPH E. SIEGEL, AND ALVIN C. WINOGRAD 

DOCKET NUMBER: STIPULATION 64 

DATE: JANUARY 10, 1964 

DOCUMENT TYPE: STIPULATION OF COMPLIANCE 

UNITED STATES DEPARTMENT OF AGRICULTURE 

BEFORE THE SECRETARY OF AGRICULTURE 

In re: The Siegel Trading Co., Inc. Joseph E. Siegel, and Alvin C. Winograd 

Stipulation of Compliance under the Commodity Exchange Act No. 64 

The Secretary of Agriculture has reason to believe that The Siegel Trading 

Co., Inc., Joseph E. Siegel, and Alvin C. Winograd have violated the provisions 

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

Secretary of Agriculture promulgated thereunder. No complaint with respect to 

such violations has been issued and The Siegel Trading Co., Inc., Joseph E. 

Siegel, and Alvin C. Winograd are 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, 0.0-0.28). 

Therefore, The Siegel Trading Co., Inc., Joseph E. Siegel, and Alvin C. Winograd 

stipulate the following facts are true: 

(1) The Siegel Trading Co., Inc., is and was at all times mentioned herein an 

Illinois corporation and a registered futures commission merchant under the 

Commodity Exchange Act with an office and principal place of business at 110 

North Franklin Street, Chicago 6, Illinois. 

(2) Joseph E. Siegel and Alvin C. Winograd are and were at all times 

mentioned herein president and secretary, respectively, of The Siegel Trading 

Co., Inc. 

(3) The acts and practices on the part of The Siegel Trading Co., Inc., 

hereinafter described were directed and carried out under the supervision and 

control of respondents Joseph E. Siegel and Alvin C. Winograd in their 

capacities as president and secretary, respectively, of The Siegel Trading Co., 

Inc. 

(4) As of December 10, 1963, The Siegel Trading Co., Inc., had failed to 

compute and keep a record as of the close of the market on each of 23 business 

days from November 5 through December 9, 1963, showing the amount of money, 

security, and property owing or accruing to its customers which it was required 

to have in segregated account for such customers in order to comply with the 

requirements of section 4d(2) of the Commodity Exchange Act. Previous failures 

to compute and keep such records were discussed with Joseph E. Siegel and Alvin 

C. Winograd by CEA accountants at various times, and continuing failures were 

called to the attention of Joseph E. Siegel and The Siegel Trading Co., Inc., by 

the Act Administrator in a letter dated October 18, 1963. 

The Siegel Trading Co., Inc., Joseph E. Siegel, and Alvin C. Winograd agree 

to desist from such acts and practices in the future. They further understand 

and agree that this stipulation shall be admissible as evidence of such acts and 

practices in any future proceeding based upon acts or practices in addition to 

those referred to herein which may be brought by the Secretary of Agriculture 

against any of them under the 
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provisions of the said act. They also understand that it is the practice of the 

Commodity Exchange Authority to make stipulations of compliance a matter of 

public record. 

Done at Chicago, Illinois, this 10th day of January 1964 

THE SIEGEL TRADING CO., INC. 

By /s/ Joseph E. Siegel, President 

/s/ Joseph E. Siegel 

Joseph E. Siegel 

/s/ Alvin C. Winograd 

Alvin C. Winograd 

Witnesses: 

/s/ Roger E. Harper 

/s/ G. Edward Piala 

LOAD-DATE: June 16, 2008 
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