Legal Opinion
National Ass'n of Securities Dealers, Inc. v. Securities & Exchange Commission
Court of Appeals for the D.C. Circuit
Decided July 1, 1969No. Nos. 20164, 21661, 21662PublishedCited by 21 opinions
1Opinion of the Court
PER CURIAM: *
In these appeals the mutual fund industry levels a two-pronged attack on a national bank’s authority to operate a collective investment fund as a service of its trust department. The fund is (a commingled managing agency account^ similar in most respects to an open-end mutual fund. First National City Bank’s Commingled Investment Account (the Account) and other bank-sponsored funds likely to follow will compete with mutual funds and with those who market their shares. Competitors claiming that the Account is unlawful are the Investment Company Institute (ICl), an association of…
2Cases cited24 opinions
- Flast v. CohenSupreme Court of the United States · 1968
- Federal Communications Commission v. Sanders Bros. Radio StationSupreme Court of the United States · 1940
- Scripps-Howard Radio, Inc. v. Federal Communications CommissionSupreme Court of the United States · 1942
- Tennessee Electric Power Co. v. Tennessee Valley AuthoritySupreme Court of the United States · 1939
- Frost v. Corporation Comm'n of Okla.Supreme Court of the United States · 1929
19 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Scanwell Laboratories, Inc. v. John H. Shaffer, Administrator (Acting) of the Federal Aviation AdministrationCourt of Appeals for the D.C. Circuit · 1970
- Crescent Park Tenants Ass'n v. Realty Equities Corp.Supreme Court of New Jersey · 1971
- Sierra Club v. HickelCourt of Appeals for the Ninth Circuit · 1970
- Joseph Curran, Individually and on Behalf of All the Members of the National Maritime Union of America, Afl-Cio v. Melvin R. LairdCourt of Appeals for the D.C. Circuit · 1969
- Board of Governors of Federal Reserve System v. Investment Co. InstituteSupreme Court of the United States · 1981
16 more not listed; retrieve them via the Exa API.