Securities & Exchange Commission v. United Benefit Life Insurance
Supreme Court of the United States
1Opinion of the CourtJustice Harlan
This action was initiated by the Securities and Exchange Commission to enjoin respondent (United) from offering its “Flexible Fund Annuity” contract without undertaking the registration required by § 5 of the Securities Act of 1933, 1 and to compel United to register the “Flexible Fund” itself as an “investment company” pursuant to § 8 of the Investment Company Act of 1940. 2
The “Flexible Fund Annuity” is a deferred, or optional, annuity plan having characteristics somewhat similar to those of the variable annuities this Court held, in S. E. C. v. Variable Annuity Life Insurance Co., 359 U.…
2Cases cited6 opinions
- Securities & Exchange Commission v. C. M. Joiner Leasing Corp.Supreme Court of the United States · 1943
- Helvering v. Le GierseSupreme Court of the United States · 1941
- Securities & Exchange Commission v. Variable Annuity Life InsuranceSupreme Court of the United States · 1959
- Spellacy v. American Life Ins. Assn.Supreme Court of Connecticut · 1957
- The Prudential Insurance Company Of America v. Securities And Exchange CommissionCourt of Appeals for the Third Circuit · 1964
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3Cited by103 opinions
- Tcherepnin v. KnightSupreme Court of the United States · 1967
- Securities & Exchange Commission v. National Securities, Inc.Supreme Court of the United States · 1969
- International Brotherhood of Teamsters v. DanielSupreme Court of the United States · 1979
- Marine Bank v. WeaverSupreme Court of the United States · 1982
- John Hancock Mutual Life Insurance v. Harris Trust & Savings BankSupreme Court of the United States · 1993
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