Legal Opinion
PBW Stock Exchange, Inc. v. Securities & Exchange Commission
Court of Appeals for the Third Circuit
Decided September 28, 1973No. Nos. 73-1116, 73-1165, 73-1266 and 73-1267PublishedCited by 11 opinions
1Opinion of the Court
OPINION OF THE COURT
SEITZ, Chief Judge.
Petitioners here appeal directly from the promulgation of Rule 19b-2 1 by the Securities and Exchange Commission, effective January 16, 1973. Petitioners invoke the jurisdiction of this court under § 25(a) of the Securities Exchange Act of 1934 2 and § 10 of the Administrative Procedure Act. 15 U.S.C. § *72078y(a); 5 U.S.C; §§ 702-04 (1971). The rule was not promulgated by an order of the Commission.
Rule 19b-2 was the product of many different hearings before, and studies by, the Commission. It is premised upon the basic theory that a condition attaching to…
2Cases cited15 opinions
- Universal Camera Corp. v. National Labor Relations BoardSupreme Court of the United States · 1951
- Abbott Laboratories v. GardnerSupreme Court of the United States · 1967
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1947
- Leedom v. KyneSupreme Court of the United States · 1958
- National Labor Relations Board v. Wyman-Gordon Co.Supreme Court of the United States · 1969
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3Cited by11 opinions
- Vandermark v. Housing Authority of City of YorkCourt of Appeals for the Third Circuit · 1981
- Herron v. HecklerDistrict Court, N.D. California · 1983
- New England Telephone & Telegraph Co. v. Public Utilities CommissionDistrict Court, D. Maine · 1983
- Vandermark v. HOUSING AUTH. OF CITY OF YORKDistrict Court, M.D. Pennsylvania · 1980
- Pbw Stock Exchange, Inc. v. Securities and Exchange Commission, Equity Services, Inc. v. Securities and Exchange Commission, Connecticut Nutmeg Securities, Inc. v. Securities and Exchange Commission, Robert I. Berdon as Treasurer of the State of Connecticut, and President of Connecticut Nutmeg Securities, Inc. v. Securities and Exchange CommissionCourt of Appeals for the Third Circuit · 1973
6 more not listed; retrieve them via the Exa API.