John Dell'Erario v. Michael James Seery d/b/a Seery Futures

U.S. COMMODITY FUTURES TRADING COMMISSION

Three Lafayette Centre

1155 21st Street, NW, Washington, DC 20581

www.cftc.gov

Office of Proceedings

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John Dell'Erario,	*	CFTC Dkt. No. 21-R010
Complainant,	*	Served via Certified
v.	*	Mail and Electronically
*
Michael James Seery d/b/a Seery,	*
*
Futures	*
	*
Respondent.	*
___________________________________	*

FINAL DECISION

The parties have elected the voluntary decisional procedure. Under the voluntary decisional procedure, the parties are principally responsible for developing the evidentiary record, and they waive: (1) their opportunity for an oral hearing; (2) the right to receive a written statement of the findings of fact upon which the Final Decision is based; and (3) the right to appeal this Final Decision to the Commission and to the federal courts. See Commission Rules 12.100(b), 12.106(d) and Notice of Voluntary Proceeding (Sept. 30 ,2020).

After carefully reviewing the evidentiary record, I find that Complainant John Dell'Erario has established that Respondent Michael James Seery, doing business as Seery Futures, violated Commission Rule 180.1 and Section 4(b) of the Commodity Exchange Act, 7 U.S.C. § 6(b), and that this violation resulted in

damages to Dell'Erario totaling $1,000. Accordingly, Michael James Seery, d/b/a Seery Futures, is ordered to pay Dell'Erario reparations of $1,000, plus post- judgment interest on that amount at 0.46% compounded annually from the date of this award to the date of payment, plus $50 in costs for the filing fee.

Dated: January 19, 2022

/s/ Kavita Kumar PuriKavita Kumar Puri Administrative Judge

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