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Commodity Futures Trading Commission v. Schor , 478 U.S. 833 (1986), was a case in which the Supreme Court of the United States held an administrative agency may, in some cases, exert jurisdiction over state-law counterclaims .
Certification of a question of law to the United States Supreme Court is another way, in addition to the writ of certiorari, direct appeal, and original jurisdiction, by which cases can be brought to the docket of the Supreme Court. It is a very infrequent procedure, and has happened only five times over the past six decades.
Writing for a unanimous California Supreme Court, Chief Justice Cantil-Sakauye affirmed the Court of Appeal’s order regarding class certification. [4] In so holding, the Court first found that the “suffer or permit to work” standard was the appropriate one for determining whether particular workers are employees within the definition of ...
Signed into law by President Gerald Ford on October 23, 1974 Commodity Futures Trading Commission (CFTC) Act of 1974 (P.L. 93-463) created the Commodity Futures Trading Commission , to replace the U.S. Department of Agriculture 's Commodity Exchange Authority , as the independent federal agency responsible for regulating the futures trading ...
The U.S. Commodity Futures Trading Commission has asked a federal appeals court to expedite a hearing in a case that would determine if Americans can legally use derivatives contracts to bet on ...
Levi Woodbury was the first Justice to have formally attended a law school. Stanley Forman Reed was the last sitting Justice not to have received a law degree.. The Constitution of the United States does not require that any federal judges have any particular educational or career background, but the work of the Court involves complex questions of law – ranging from constitutional law to ...
The California Supreme Court and all lower California state courts use a different writing style and citation system from the federal courts and many other state courts. California citations have the year between the names of the parties and the reference to the case reporter, as opposed to the national standard (the Bluebook ) of putting the ...
On the federal level, the primary securities regulator is the Securities and Exchange Commission (SEC). Futures and some aspects of derivatives are regulated by the Commodity Futures Trading Commission (CFTC). Understanding and complying with security regulation helps businesses avoid litigation with the SEC, state security commissioners, and ...