Legal Opinion
Massachusetts Financial Services, Inc. v. Securities Investor Protection Corp.
Court of Appeals for the First Circuit
Decided December 1, 1976No. 76-1256PublishedCited by 26 opinions
1Opinion of the Court
McENTEE, Circuit Judge.
The single discrete question with which this appeal deals is whether appellee, Mas*755sachusetts Financial Services, Inc. (“MFS”), is a member of the federally created Securities Investor Protection Corp. (“SIPC”).1 The district court answered this question in the negative and held that MFS was not liable for the $5,368 which it had paid to SIPC as a mandatory assessment for the calendar years 1972 and 1973. 411 F.Supp. 411 (1976). We affirm.
The crucial statute in this case is 13(a)(2) of the Securities Investor Protection Act of 1970 (“SIPA”), 15 U.S.C. § 78ccc(a)(2),…
2Cases cited36 opinions
- Caminetti v. United StatesSupreme Court of the United States · 1917
- United States v. American Trucking AssociationsSupreme Court of the United States · 1940
- Commissioner v. BrownSupreme Court of the United States · 1965
- Local Lodge No. 1424, International Ass'n of MacHinists v. National Labor Relations BoardSupreme Court of the United States · 1960
- Flora v. United StatesSupreme Court of the United States · 1958
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3Cited by26 opinions
- Woodrum v. DonovanUnited States Court of International Trade · 1983
- Federal Trade Commission v. Standard Financial Management Corp., Dana J. Willis, Federal Trade Commission v. Standard Financial Management Corp., Paul F. TaglioneCourt of Appeals for the First Circuit · 1987
- McKenna v. WilliamsSupreme Court of Rhode Island · 2005
- United States v. One Clipper Bow Ketch Nisku, Ralph G. Washington, Claimant-AppellantCourt of Appeals for the First Circuit · 1977
- State v. Linda A. DiamanteSupreme Court of Rhode Island · 2014
21 more not listed; retrieve them via the Exa API.