Legal Opinion
Securities & Exchange Commission v. Sloan
Supreme Court of the United States
Decided May 15, 1978No. 76-1607PublishedCited by 381 opinions
1Opinion of the CourtJustice Rehnquist
Under the Securities Exchange Act of 1934, ch. 404, 48 Stat. 881, the Securities and Exchange Commission has the authority “summarily to suspend trading in any security ... for a period not exceeding ten days” if “in its opinion the public interest and the protection of investors so require.”1 Acting *106pursuant to this authority the Commission issued a series of consecutive orders suspending trading in the common stock of Canadian Javelin, Ltd. (CJL), for over a year. The Court of Appeals for the Second Circuit held that such a series of suspensions was beyond the scope of the Commission's…
2Cases cited17 opinions
- Skidmore v. Swift & Co.Supreme Court of the United States · 1944
- Sibron v. New YorkSupreme Court of the United States · 1968
- Southern Pacific Terminal Co. v. Interstate Commerce CommissionSupreme Court of the United States · 1911
- Weinstein v. BradfordSupreme Court of the United States · 1975
- National Labor Relations Board v. Hearst Publications, Inc.Supreme Court of the United States · 1944
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3Cited by381 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Tennessee Valley Authority v. HillSupreme Court of the United States · 1978
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Chiarella v. United StatesSupreme Court of the United States · 1980
- Watt v. AlaskaSupreme Court of the United States · 1981
376 more not listed; retrieve them via the Exa API.