Court Upholds $26 Million Judgment In Salomon Versus Tauber Decision

- By FX Markets Staff
- @FXMarkets_
- 01 Nov 1993

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The U.S. Court of Appeals for the Fourth Circuit which sits in Virginia upheld a June 1992 decision in favor of Salomon Forex, Inc. in the case brought against Dr. Laszlo Tauber. The October 18 opinion issued by a panel of three judges has significant implications for the market, sources say.

First and foremost, they say, it removes a degree of uncertainty surrounding the possibility that the Commodity Futures Trading Commission (CFTC) could have regulatory jurisdiction over the interbank FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com