Release Date:- 1986-04-15
Availability:- In Stock
Kind:- ebook
Per Curiam: Appellant John Forma, the sole shareholder of British American Commodity Options Corp. (""BACO""), appeals from an order entered April 17, 1985 in the Southern District of New York, Lee P. Gagliardi, District Judge, requiring appellant to disgorge the income which he received from BACO in 1977. Appellant claims that the court erred in requiring disgorgement because the Commission failed to establish a nexus between the proceeds from BACO and the wrongful conduct, and because BACO's failure to register as a futures commission merchant is not a proper basis for disgorgement of proceeds.
