Hunt v. Commodity Futures Trading Commission

591 F.2d 1234, 1979 U.S. App. LEXIS 17800
CourtCourt of Appeals for the Seventh Circuit
DecidedJanuary 8, 1979
Docket78-1055
StatusPublished

This text of 591 F.2d 1234 (Hunt v. Commodity Futures Trading Commission) is published on Counsel Stack Legal Research, covering Court of Appeals for the Seventh Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hunt v. Commodity Futures Trading Commission, 591 F.2d 1234, 1979 U.S. App. LEXIS 17800 (7th Cir. 1979).

Opinion

591 F.2d 1234

Nelson Bunker HUNT, W. H. Hunt, Ellen H. Flowers, Mary H.
Huddleston, Elizabeth H. Curnes, Houston B. Hunt,
Douglas H. Hunt, and Hunt Holdings,
Inc., Plaintiffs-Appellants,
v.
COMMODITY FUTURES TRADING COMMISSION, Defendant-Appellee.

No. 78-1055.

United States Court of Appeals,
Seventh Circuit.

Argued April 26, 1978.
Decided Jan. 8, 1979.

A. B. Conant, Jr., Dallas, Tex., for plaintiffs-appellants.

Frederic T. Spindel, Associate Gen. Counsel, Washington, D. C., for defendant-appellee.

Before SWYGERT, Circuit Judge, MARKEY, Chief Judge,1 and TONE, Circuit Judge.

SWYGERT, Circuit Judge.

The principal question before us is whether parties involved in administrative proceedings before the Commodity Futures Trading Commission must exhaust their administrative remedies prior to seeking judicial review of the Commission's authority to bring the administrative action when the Commission has previously brought a similar, court enforcement action against the same parties. We hold that administrative remedies must be exhausted and sustain the district court's denial of the appellants' motion for a preliminary injunction halting the administrative proceedings.

On November 28, 1977 the Commodity Futures Trading Commission instituted administrative proceedings against seven members of the Hunt family and an affiliated company for violating the speculative trading limits for soybean futures set by the Commission pursuant to section 4a(1) of the Commodity Exchange Act, 7 U.S.C. § 6a(1) (1976). The transactions that constitute the factual basis for the Commission's action are chronicled in a companion case decided today. Commodity Futures Trading Comm. v. Hunt, 591 F.2d 1211 (7th Cir. 1978) ("Hunt I ").2 In that case the Commission brought an action in the United States district court based on the same violations of law involved in the administrative proceedings, but seeking different relief. 7 U.S.C. § 13a-1. The district court found that the Hunts had violated provisions of the Commodity Exchange Act, but denied the Commission's motions for an injunction and ancillary relief. Commodity Futures Trading Comm. v. Hunt, No. 77-C-1489 (N.D.Ill., Sept. 28, 1977). On appeal we upheld the trial court's conclusion that the Hunts had violated the statute. We reversed, however, the trial court's denial of injunctive and ancillary relief and remanded those issues for proceedings not inconsistent with our opinion. Hunt I, supra.

On December 13, 1977 the Hunts filed a complaint in support of their request that the district court enjoin the administrative proceedings before the Commodity Futures Trading Commission. At a hearing held December 14, the district court denied the Hunts' request for a temporary restraining order. On December 23, 1977 the district court denied their motion for a preliminary injunction.

On appeal the Hunts offer several grounds for their contention that the administrative proceedings should be enjoined. Most importantly, the Hunts argue that because the Commission previously decided to bring an enforcement action in district court, it is barred from initiating administrative proceedings pursuant to section 6(c) of the Act. 7 U.S.C. § 13b (1967). They also contend that the Commission has violated its own discovery rules by adopting the evidentiary record developed in the district court for use in the administrative proceedings. None of the arguments advanced by the Hunts, however, is sufficient to overturn the deference courts ordinarily extend to ongoing administrative proceedings.

Judicial review of administrative actions of the Commodity Futures Exchange Commission is provided for in section 6(b) of the Commodity Exchange Act, 7 U.S.C. § 9 (1976). See Frey v. Commodity Exchange Authority, 547 F.2d 46, 49 (7th Cir. 1976).3 The Hunts can present their claims regarding the illegitimacy of the Commission's actions for judicial review after the completion of the administrative process and the entry of a Commission order. Absent special circumstances, the courts will not provide declaratory or injunctive relief interrupting administrative proceedings.

It is a "long-settled rule of judicial administration that no one is entitled to judicial relief for a supposed or threatened injury until the prescribed administrative remedy has been exhausted." Myers v. Bethlehem Shipbuilding Corp., 303 U.S. 41, 50-51, 58 S.Ct. 459, 463, 82 L.Ed. 638 (1938). See also, e. g., Rosenthal & Co. v. Bagley, 581 F.2d 1258 at 1259 (7th Cir. 1978). Squillacote v. International Brotherhood of Teamsters (Teamsters I), 561 F.2d 31, 37-40 (7th Cir. 1977); Grutka v. Barbour,549 F.2d 5 (7th Cir.), Cert. denied, 431 U.S. 908, 97 S.Ct. 1706, 52 L.Ed.2d 394 (1977); Frey, supra at 49-50. This rule prevents courts from precipitously reviewing cases which, if the administrative process is allowed to run its course, may result in determinations favorable to a petitioner, thereby rendering his objections moot. See Rosenthal, supra at 1261; Frey,supra at 49. Awaiting the conclusion of the administrative proceedings also insures that a record will be developed including conclusions reached by the agency in its area of expertise which can facilitate judicial review. See Teamsters I, supra at 39. And the exhaustion doctrine curbs frequent, litigious interference with the administrative procedures established by Congress for achieving the agency's goals. Rosenthal, supra at 1261; Teamsters I, supra at 38-39.

The exhaustion doctrine, of course, is not absolute. There are exceptional circumstances in which courts will interrupt administrative proceedings. The Hunts argue that their claims fall within such an exception to the exhaustion requirement. One exception, long recognized by the courts, is the "clear right" exception: if an agency would violate a clear right of a petitioner by disregarding a specific and unambiguous statutory, regulatory, or constitutional directive, a court will not require the petitioners to exhaust his administrative remedies and will intervene immediately. Rosenthal, supra at 1261; Teamsters I, supra at 36. See Leedom v. Kyne, 358 U.S. 184, 79 S.Ct. 180, 3 L.Ed.2d 210 (1958).

The Hunts, however, have failed to establish that the Commission has violated a "clear right." Neither the Commission's decision to institute administrative proceedings after its previous enforcement efforts before the district court nor its incorporation of the record of the civil action into the administrative proceedings constitute such a violation.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Myers v. Bethlehem Shipbuilding Corp.
303 U.S. 41 (Supreme Court, 1938)
United States v. Morgan
307 U.S. 183 (Supreme Court, 1939)
Leedom v. Kyne
358 U.S. 184 (Supreme Court, 1958)
California v. Federal Power Commission
369 U.S. 482 (Supreme Court, 1962)
United States v. Kordel
397 U.S. 1 (Supreme Court, 1970)
Williamson v. Columbia Gas & Electric Corp.
186 F.2d 464 (Third Circuit, 1950)
Jewel Companies, Inc. v. Federal Trade Commission
432 F.2d 1155 (Seventh Circuit, 1970)
Rosenthal & Company, Etc. v. William T. Bagley
581 F.2d 1258 (Seventh Circuit, 1978)
Hunt v. Commodity Futures Trading Commission
591 F.2d 1234 (Seventh Circuit, 1979)

Cite This Page — Counsel Stack

Bluebook (online)
591 F.2d 1234, 1979 U.S. App. LEXIS 17800, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hunt-v-commodity-futures-trading-commission-ca7-1979.