Legal Opinion
Norman A. Landry v. Hemphill, Noyes & Co., Norman A. Landry v. Hemphill, Noyes & Co.
Court of Appeals for the First Circuit
Decided February 7, 1973No. 71-1178, 71-1179PublishedCited by 50 opinions
1Opinion of the Court
McENTEE, Circuit Judge.
Among a plethora of other- issues, this appeal, presents us with a novel question concerning the limitations to be placed upon an implied private action for the violation of Regulation T of the Federal Reserve Board, promulgated pursuant to § 7 of the Securities Exchange Act, 15 U.S.C. § 78g. That question is: May a customer recover from a broker-dealer his entire market loss on a transaction which has been partially financed on credit extended by the broker-dealer in excess of the limits permitted by the regulation? After briefly summarizing the facts necessary to an…
2Cases cited10 opinions
- Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
- Bertha Hecht, and v. Harris, Upham & Co., a Partnership, Harris, Upham & Co., Inc., a Corporation, AndCourt of Appeals for the Ninth Circuit · 1970
- Moscarelli v. StammDistrict Court, E.D. New York · 1968
- Hecht v. Harris, Upham & Co.District Court, N.D. California · 1968
- Remar v. Clayton Securities CorporationDistrict Court, D. Massachusetts · 1949
5 more not listed; retrieve them via the Exa API.
3Cited by50 opinions
- Fed. Sec. L. Rep. P 94,437 Hetty Fey v. Walston & Co., Inc., and Robert A. SpiraCourt of Appeals for the Seventh Circuit · 1974
- Fed. Sec. L. Rep. P 97,872 Lila A. Miley v. Oppenheimer & Company, Inc., Anthony L. Geller and John W. HamiltonCourt of Appeals for the Fifth Circuit · 1981
- Helen C. Carras and Bill G. Carras, Co-Executors of the Estate of Gus N. Carras, Deceased v. James S. Burns, Jr.Court of Appeals for the Fourth Circuit · 1975
- In Re Catanella and EF Hutton and Co.District Court, E.D. Pennsylvania · 1984
- Newburger, Loeb & Co. v. GrossCourt of Appeals for the Second Circuit · 1977
45 more not listed; retrieve them via the Exa API.