Merrill Lynch, Pierce, Fenner & Smith Inc. v. Manning
Supreme Court of the United States
1Opinion of the Court
*1566 Justice KAGAN delivered the opinion of the Court.
Section 27 of the Securities Exchange Act of 1934 (Exchange Act), 48 Stat. 992 , as amended, 15 U.S.C. § 78a, et seq., grants federal district courts exclusive jurisdiction "of all suits in equity and actions at law brought to enforce any liability or duty created by [the Exchange Act] or the rules or regulations thereunder." § 78aa(a). We hold today that the jurisdictional test established by that provision is the same as the one used to decide if a case "arises under" a federal law. See 28 U.S.C. § 1331 .
I
Respondent Greg Manning held more…
Also in this document: Concurring in the judgment.
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- Gully v. First Nat. Bank in MeridianSupreme Court of the United States · 1936
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