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Commodity Futures Trading Commission 

CEA CASES 

NAME: HAROLD GOLDSTEIN 

DOCKET NUMBER: 208 

DATE: FEBRUARY 27, 1973 

DOCUMENT TYPE: COMPLAINT 

UNITED STATES DEPARTMENT OF AGRICULTURE 

BEFORE THE SECRETARY OF AGRICULTURE 

In re: Harold Goldstein, Respondent 

CEA Docket No. 208 

Complaint and Notice of Hearing Under the Commodity Exchange Act 

There is reason to believe that the respondent, Harold Goldstein, has 

violated the Commodity Exchange Act (7 U.S.C. 1 et seq.) and the regulations 

made pursuant thereto, and this complaint and notice of hearing is issued 

stating the charges in that respect as follows: 

I 

The respondent, Harold Goldstein, an individual whose current business 

address is 8383 Wilshire Blvd., Suite 300, Beverly Hills, California 90211, from 

on or about February 1, 1971 to on or about June 18, 1971, was manager of the 

Fort Lauderdale, Florida branch office of The Siegel Trading Co., Inc., a 

registered futures commission merchant under the Commodity Exchange Act. 

II 

On or about the dates specified below, the respondent converted to his own 

use money which had been received by The Siegel Trading Co., Inc. from its 

customers to margin their trades in commodity futures regulated under the 

Commodity Exchange Act. 

See original document-page 1 

Name of Amount 

Date Customer Converted 

June 4, 1971 Richard T. Price $ 1,000 

April 20, 1971 Leroy V. Peart $ 1,500 

April 20, 1971 Richard E. Hoyenga $ 2,000 

III 

The trades in commodities for future delivery referred to above, if executed, 

could have been used for (a) hedging transactions in such commodities or the 

products or byproducts thereof, or (b) determining the price basis of 

transactions in interstate commerce in such commodities, or (c) delivering such 

commodities sold, shipped or received in interstate commerce for the fulfillment 

thereof. 

IV 

By reason of the facts alleged in this complaint, the respondent wilfully 

violated sections 4b, 4d and 9 of the Commodity Exchange Act, as amended (7 

U.S.C. 6b, 6d and 13), and section 1.20 of the regulations thereunder. 

WHEREFORE, it is hereby ordered that this complaint and notice of hearing be 

served upon the respondent and this proceeding shall be governed by sections 

0.1, 0.2, 0.4(b), 0.5 through 0.22 and 0.28 of the rules of practice under the 
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Commodity Exchange Act (17 CFR 0.1, 0.2, 0.4(b), 0.5 through 0.22, 0.28). The 

respondent will have 

twenty (20) days after the receipt of this complaint in which to file with the 

Hearing Clerk, United States Department of Agriculture, Washington, D. C. 20250, 

an answer with an original and three copies, fully and completely stating the 

nature of the defense and admitting or denying, specifically and in detail, each 

allegation of this complaint. Allegations not answered will be deemed admitted 

for the purpose of this proceeding. Failure to file an answer will constitute 

an admission of all the allegations of this complaint and a waiver of hearing. 

The filing of an answer in which all of the material allegations of fact 

contained in the complaint are admitted likewise shall constitute a waiver of 

hearing unless a hearing is requested. The respondent is hereby notified that 

unless hearing is waived, a hearing will be held in Los Angeles, California at a 

place therein and date to be specified later, before a referee designated to 

conduct such hearing. At such hearing, the respondent will have the right to 

appear and show cause, if any there be, why an appropriate order should not be 

issued in accordance with the Commodity Exchange Act, (1) prohibiting the 

respondent from trading on or subject to the rules of any contract market, and 

directing that all contract markets refuse all trading privileges to the 

respondent for such 

period of time as may be determined, and (2) directing that the respondent shall 

cease and desist from violating the Act and regulations in the manner alleged 

herein. 

Done at Washington, D.C. 

February 27, 1973. 

[SEE SIGNATURE IN ORIGINAL] 

CLAYTON YEUTTER 

Assistant Secretary 

LOAD-DATE: June 16, 2008 
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