List of United States Supreme Court cases on commodity and futures regulation
Encyclopedia
This is a chronological list of significant Supreme Court of the United States
cases in the area of commodity
and futures
regulation.
Supreme Court of the United States
The Supreme Court of the United States is the highest court in the United States. It has ultimate appellate jurisdiction over all state and federal courts, and original jurisdiction over a small range of cases...
cases in the area of commodity
Commodity
In economics, a commodity is the generic term for any marketable item produced to satisfy wants or needs. Economic commodities comprise goods and services....
and futures
Futures contract
In finance, a futures contract is a standardized contract between two parties to exchange a specified asset of standardized quantity and quality for a price agreed today with delivery occurring at a specified future date, the delivery date. The contracts are traded on a futures exchange...
regulation.
- Ware & Leland v. Mobile CountyWare & Leland v. Mobile CountyWare & Leland v. Mobile County, 209 U.S. 405 , is a case in which the United States Supreme Court held that contracts for the sales of cotton for future delivery that do not oblige interstate shipments are not subjects of interstate commerce...
, 209 U.S. 405, 28 Sup. Ct. 526, 14 Ann. Cas. 1031 (1908). Contracts for the sales of cotton for future delivery which do not oblige interstate shipments are not subjects of interstate commerce, and that a state tax on persons engaged in buying and selling cotton for future delivery was held not to be a regulation of interstate commerce or beyond the power of the state. - Hill v. WallaceHill v. WallaceThe Futures Trading Act of 1921, approved August 24, 1921. , c. 86 attempted to institute Federal regulation of grain futures contract trading by imposing a prohibitive tax on futures contracts traded on any market other than those that met the statute's requirements and were regulated by the...
, 259 U.S. 44 (1922) - Board of Trade of City of Chicago v. OlsenBoard of Trade of City of Chicago v. OlsenBoard of Trade of City of Chicago v. Olsen, 262 U.S. 1 , is a decision by the Supreme Court of the United States, in which it upheld the Grain Futures Act as constitutional under the Commerce Clause of the United States Constitution....
, 262 U.S. 1 (1923) - Trusler v. Crooks, 269 U.S. 475 (1926)
- Wallace v. CuttenWallace v. CuttenWallace v. Cutten, 298 U.S. 229 , was a case in which the Supreme Court of the United States held that the authority of the United States Secretary of Agriculture under the Grain Futures Act Wallace v. Cutten, 298 U.S. 229 (1936), was a case in which the Supreme Court of the United States held that...
, 298 U.S. 229 (1936) - Commodity Futures Trading Commission v. SchorCommodity Futures Trading Commission v. SchorCommodity Futures Trading Commission v. Schor, 478 U.S. 833 , 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.-Background:...
, 478 U.S. 833 (1986)