Commodity Futures Trading Commission v. Schor et al.

Decided July 7, 1986. Sandra Day O'Connor delivered the opinion of the Court.

Docket 85-621 · 478 U.S. 833 (1986) · Cited 991 times

We don’t yet publish a summary of this opinion — read the official text below for the Court’s holding and reasoning.

How the Justices voted

Decided 7–2.

“Concurring” means agreeing with the outcome; any split shown is the Court’s judgment, not each Justice’s reasoning. Source: the Supreme Court Database (Spaeth et al.), Washington University.

Precedents cited

Supreme Court decisions this opinion relies on, ordered by how often it cites each. Cases in our collection link through; others are named.

• Northern Pipeline Construction Co. v. Marathon Pipe Line Co. · 458 U.S. 50 (1982)
• Thomas v. Union Carbide Agricultural Products Co. · 473 U.S. 568 (1985)
• Crowell v. Benson · 285 U.S. 22 (1932)
• Immigration & Naturalization Service v. Chadha · 462 U.S. 919 (1983)
• Den Ex Dem. Murray v. Hoboken Land & Improvement Co. · 59 U.S. 272 (1856)
• Buckley v. Valeo · 424 U.S. 1 (1976)
• United States v. Raddatz · 447 U.S. 667 (1980)
• Youngstown Sheet & Tube Co. v. Sawyer · 343 U.S. 579 (1952)
• Katchen v. Landy · 382 U.S. 323 (1966)
• International Ass'n of MacHinists v. Street · 367 U.S. 740 (1961)
• United States v. Will · 449 U.S. 200 (1980)
• Heckler v. Mathews · 465 U.S. 728 (1984)
• Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc. · 467 U.S. 837 (1984)
• Boykin v. Alabama · 395 U.S. 238 (1969)
• Duncan v. Louisiana · 391 U.S. 145 (1968)
• Red Lion Broadcasting Co. v. Federal Communications Commission · 395 U.S. 367 (1969)
• National Labor Relations Board v. Bell Aerospace Co. · 416 U.S. 267 (1974)
• Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Curran · 456 U.S. 353 (1982)
• Aptheker v. Secretary of State · 378 U.S. 500 (1964)
• Moore v. New York Cotton Exchange · 270 U.S. 593 (1926)
• National Labor Relations Board v. Catholic Bishop · 440 U.S. 490 (1979)
• Humphrey's v. United States · 295 U.S. 602 (1935)
• United States Ex Rel. Toth v. Quarles · 350 U.S. 11 (1955)
• Scales v. United States · 367 U.S. 203 (1961)
• National Mutual Insurance v. Tidewater Transfer Co. · 337 U.S. 582 (1949)
• Baker v. Gold Seal Liquors, Inc. · 417 U.S. 467 (1974)
• Bell v. New Jersey · 461 U.S. 773 (1983)
• Ex Parte Bakelite Corp'n. · 279 U.S. 438 (1929)
• McElrath v. United States · 102 U.S. 426 (1880)
• Federal Deposit Insurance v. Philadelphia Gear Corp. · 476 U.S. 426 (1986)

Cited by

Later Supreme Court opinions in our collection that cite this case.

• Wellness Int'l Network, Ltd. v. Sharif · 575 U.S. 665 (2015)
• Stern v. Marshall · 564 U.S. 462 (2011)
• Peretz v. United States · 501 U.S. 923 (1991)
• Freytag v. Commissioner · 501 U.S. 868 (1991)
• City of Arlington v. Fed. Commc'ns Comm'n · 569 U.S. 290 (2013)
• SEC v. Jarkesy · 603 U.S. 109 (2024)
• Granfinanciera, S.A. v. Nordberg · 492 U.S. 33 (1989)
• Morrison v. Olson · 487 U.S. 654 (1988)
• Mistretta v. United States · 488 U.S. 361 (1989)
• Plaut v. Spendthrift Farm, Inc. · 514 U.S. 211 (1995)
• Mississippi Power & Light Co. v. Mississippi Ex Rel. Moore · 487 U.S. 354 (1988)
• Bank Markazi v. Peterson · 578 U.S. 212 (2016)
• Oil States Energy Services, LLC v. Greene's Energy Group, LLC · 584 U.S. 325 (2018)
• Thryv, Inc. v. Click-To-Call Technologies, LP · 590 U.S. 45 (2020)
• Webster v. Doe · 486 U.S. 592 (1988)
• Coit Independence Joint Venture v. Federal Savings & Loan Insurance · 489 U.S. 561 (1989)
• Roell v. Withrow · 538 U.S. 580 (2003)
• Barnhart v. Walton · 535 U.S. 212 (2002)
• United States v. X-Citement Video, Inc. · 513 U.S. 64 (1994)
• National Federation of Independent Business v. Sebelius · 567 U.S. 519 (2012)
• Gomez v. United States · 490 U.S. 858 (1989)
• Clinton v. City of New York · 524 U.S. 417 (1998)
• Miller v. French · 530 U.S. 327 (2000)
• Sebelius v. Auburn Regional Medical Center · 568 U.S. 145 (2013)
• Federal Maritime Commission v. South Carolina State Ports Authority · 535 U.S. 743 (2002)
• United States v. LaBonte · 520 U.S. 751 (1997)
• Dole v. United Steelworkers · 494 U.S. 26 (1990)
• Wisconsin Central Ltd. v. United States · 585 U.S. 274 (2018)
• Nguyen v. United States · 539 U.S. 69 (2003)

Official text

Read the official opinion (U.S. Reports, govinfo.gov)

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Source: the U.S. Reports via govinfo.gov; authoring Justice and vote lineup from the Supreme Court Database (Washington University). Citation count from the Free Law Project’s CourtListener bulk data. Data last verified 2026-07-03. Informational only; verify against the primary source before relying. Not a consumer report (FCRA).