9th Cir.;
13-73294

The court of appeals denied a petition for review of an order of the Commodity Futures Trading Commission. The court held that findings of the Commission are reviewed on appeal under the substantial evidence standard. The court held further that substantial evidence supported the Commission’s determination that an independent commodity trading advisor made no material misrepresentation or omission, that there was no unauthorized trading, and that the record did not support a finding of fraud, in a case in which an investor alleged that her interest-only account was used for unauthorized trading that resulted in significant losses.