Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Curran
Supreme Court of the United States
1Opinion of the CourtJustice Stevens
The Commodity Exchange Act (CEA), 7 U. S. C. § 1 et seq. (1976 ed. and Supp. IV),1 has been aptly characterized *356as “a comprehensive regulatory structure to oversee the volatile and esoteric futures trading complex.”2 The central question presented by these cases is whether a private party may maintain an action for damages caused by a violation of the CEA. The United States Court of Appeals for the Sixth Circuit answered that question affirmatively, holding that an investor may maintain an action against his broker for violation of an antifraud provision of the CEA.3 The Court of Appeals for…
2Cases cited66 opinions
- Bivens v. Six Unknown Named Agents of Federal Bureau of NarcoticsSupreme Court of the United States · 1971
- Marbury v. MadisonSupreme Court of the United States · 1803
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Cort v. AshSupreme Court of the United States · 1975
- Albemarle Paper Co. v. MoodySupreme Court of the United States · 1975
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3Cited by760 opinions
- Harlow v. FitzgeraldSupreme Court of the United States · 1982
- Merrell Dow Pharmaceuticals Inc. v. Thompson Ex Rel. ThompsonSupreme Court of the United States · 1986
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Omni Capital International, Ltd. v. Rudolf Wolff & Co.Supreme Court of the United States · 1987
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
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