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Commodity Futures Trading Commission 

CEA CASES 

NAME: RALPH N. PETERS 

DOCKET NUMBER: STIPULATION 108 

DATE: OCTOBER 18, 1968 

DOCUMENT TYPE: STIPULATION OF COMPLIANCE 

UNITED STATES DEPARTMENT OF AGRICULTURE 

BEFORE THE SECRETARY OF AGRICULTURE 

In re: Ralph N. Peters 

Stipulation of Compliance Under the Commodity Exchange Act No. 108 

The Secretary of Agriculture has reason to believe that Ralph N. Peters 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 wheat for future delivery (17 CFR 150.1). 

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

Ralph N. Peters 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 

Ralph N. Peters stipulates the following facts are true: 

(1) Ralph N. Peters, an individual whose address is 141 West Jackson 

Boulevard, Chicago, Illinois, is now and was at all times mentioned herein, a 

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

Board of Trade of the City of Chicago, a duly designated contract market under 

the said act. 

(2) The transactions hereinafter described were entered into by Ralph N. 

Peters on the Board of Trade of the City of Chicago. 

(3) On July 29, 1968, Ralph N. Peters made the following speculative 

purchases of wheat futures: 

Future Bushels 

March 1969 1,985,000

May 1969 70,000

TOTAL 2,055,000

The Commodity Exchange Authority has advised Ralph N. Peters that the total 

of his purchases of wheat futures on July 29, 1968, was 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 wheat 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 150.1). The orders of the 

Commodity Exchange Commission establishing limits on positions and daily trading 

in grains for future delivery previously were called to the attention of Ralph 

N. Peters by the Commodity Exchange Authority in letters dated February 13, 

1962, November 15, 1965, and August 10, 1966. 

Ralph N. Peters agrees to desist from such acts in the future. He further 

understands and agrees that this stipulation is 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 him under the provisions of the said act. 
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Ralph N. Peters also understands that it is the practice of the Commodity 

Exchange Authority to issue press releases on stipulations of compliance and to 

make them a matter of public record. 

Done at [ILLEGIBLE TEXT] this 

[ILLEGIBLE TEXT] day of [ILLEGIBLE TEXT] 1968 

[SEE SIGNATURE IN ORIGINAL] 

Ralph N. Peters 

Witnessed by: 

[SEE SIGNATURES IN ORIGINAL] 

[SEE SIGNATURE IN ORIGINAL] 

LOAD-DATE: June 16, 2008 
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