Legal Opinion
Securities Industry Association v. Board of Governors of the Federal Reserve System, Chase Manhattan Corp., Intervenor
Court of Appeals for the D.C. Circuit
Decided May 27, 1988No. 87-1169PublishedCited by 7 opinions
1Opinion of the Court
Opinion for the court filed by Circuit Judge BUCKLEY.
BUCKLEY, Circuit Judge:
The Securities Industry Association petitions for review of an order of the Board of Governors of the Federal Reserve System. In this latest in a series of cases in which commercial banks have sought to participate in various aspects of the securities business, the Board permitted a commercial bank affiliate to engage to a limited extent in underwriting and dealing in commercial paper. As we conclude that the agency reasonably interpreted the governing statute, we deny the petition for review.
I. Background
A.…
2Cases cited12 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- National Labor Relations Board v. United Food & Commercial Workers Union, Local 23Supreme Court of the United States · 1987
- Investment Company Institute v. CampSupreme Court of the United States · 1971
- Board of Governors of the Federal Reserve System v. Dimension Financial Corp.Supreme Court of the United States · 1986
- Securities Industry Ass'n v. Board of Governors of the Federal Reserve SystemSupreme Court of the United States · 1984
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3Cited by7 opinions
- Hazardous Waste Treatment Council v. U.S. Environmental Protection Agency, Edison Electrical Institute, Intervenors [Hwtc Ii]Court of Appeals for the D.C. Circuit · 1988
- Wachovia Bank, N.A. v. BurkeDistrict Court, D. Connecticut · 2004
- Amfac Resorts, L.L.C. v. United States Department of the InteriorDistrict Court, District of Columbia · 2001
- Securities Industries Ass'n v. ClarkeDistrict Court, S.D. New York · 1988
- Amfac Resorts, LLC v. US DEPT. OF INTERIORDistrict Court, District of Columbia · 2001
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