Legal Opinion

A.G. Becker Inc. v. Board of Governors of The Federal Reserve System

Court of Appeals for the D.C. Circuit

Decided November 2, 1982No. Nos. 80-2258, 81-2070, 81-1493, 81-2058, 81-2096 and 80-2314PublishedCited by 2 opinions

1Opinion of the Court

Opinion for the Court filed by Circuit Judge WILKEY.

Dissenting opinion filed by Senior Circuit Judge ROBB.

WILKEY, Circuit Judge:

This case calls upon us to decide whether the Federal Reserve Board acted lawfully in permitting the Bankers Trust Company, a state member bank of the Federal Reserve System,1 to act as agent in the sale of commercial paper. After Bankers Trust began marketing commercial paper, A.G. Becker, Inc., a broker-dealer in securities, and the Securities Industry Association (“SIA”), an organization representing over five hundred securities brokers and dealers, requested the…

2Cases cited20 opinions

  1. Skidmore v. Swift & Co.Supreme Court of the United States · 1944
  2. Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
  3. Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
  4. United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
  5. American Tobacco Co. v. PattersonSupreme Court of the United States · 1982

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3Cited by2 opinions

  1. Securities Industry Ass'n v. Board of Governors of the Federal Reserve SystemDistrict Court, District of Columbia · 1986
  2. A.G. Becker Incorporated v. Board of Governors of the Federal Reserve System, A.G. Becker Incorporated, a Delaware Corporation v. Board of Governors of the Federal Reserve System, an Agency of the United States, A.G. Becker, Inc. v. Board of Governors of the Federal Reserve System Securities Industry Association v. Board of Governors of the Federal Reserve System, A.G. Becker Incorporated, a Delaware Corporation v. Board of Governors of the Federal Reserve System, an Agency of the United States Securities Industry Association v. The Board of Governors of the Federal Reserve SystemCourt of Appeals for the D.C. Circuit · 1982

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