Case Name: Jim SMITH, Attorney General, Department of Legal Affairs, State of Florida, and Janet Reno, State Attorney of the 11th Judicial Circuit of Florida, Appellants, v. GREEN VALLEY FOODS, INC., Safe Holding Corporation and P. S. G. Corporation, all Florida Corporations, Appellees
Court: Florida District Court of Appeal
Jurisdiction: Florida
Decision Date: 1979-01-09
Citations: 366 So. 2d 808
Docket Number: No. 78-742
Parties: Jim SMITH, Attorney General, Department of Legal Affairs, State of Florida, and Janet Reno, State Attorney of the 11th Judicial Circuit of Florida, Appellants, v. GREEN VALLEY FOODS, INC., Safe Holding Corporation and P. S. G. Corporation, all Florida Corporations, Appellees.
Judges: Before PEARSON, BARKDULL and HUBBART, JJ.
Reporter: Southern Reporter, Second Series
Volume: 366
Pages: 808–809

Head Matter:
Jim SMITH, Attorney General, Department of Legal Affairs, State of Florida, and Janet Reno, State Attorney of the 11th Judicial Circuit of Florida, Appellants, v. GREEN VALLEY FOODS, INC., Safe Holding Corporation and P. S. G. Corporation, all Florida Corporations, Appellees.
No. 78-742.
District Court of Appeal of Florida, Third District.
Jan. 9, 1979.
Rehearing Denied Feb. 14, 1979.
Jim Smith, Atty. Gen. and Leonard L. Elias, Asst. Atty. Gen., for appellants.
Burnett Roth, Miami Beach, for appel-lees.
Before PEARSON, BARKDULL and HUBBART, JJ.

Opinion:
PER CURIAM.
The trial court held that Title 7, Section 6a, U.S. Code Annotated, creating the Commodities Futures Trading Commission, awarded exclusive jurisdiction to this Federal agency to conduct investigations of interstate commodity transactions. With this interpretation we agree. International Trading Ltd. v. Bell, 556 S.W.2d 420 (Ark.1977); State v. Monex International Limited, 527 S.W.2d 804 (Tex.Civ.App.1975); Clayton Brokerage Company of St. Louis, Inc. v. Mouer, 531 S.W.2d 805 (Tex.1975); Securities and Exchange Commission v. American Commodity Exchange, Inc., 546 F.2d 1361 (10th Cir. 1976).
Therefore, the final judgment under review be and the same is hereby affirmed.
. The State of Florida, through its appropriate officials has the power to investigate and prosecute intrastate commodity transactions, which may be fraudulent as to its citizens.