Legal Opinion

FAIC Securities, Inc. v. United States

District Court, District of Columbia

Decided June 20, 1984No. Civ. A. 84-0959, 84-1136PublishedCited by 8 opinions

1Opinion of the Court

MEMORANDUM

GESELL, District Judge.

Cross-motions for summary judgment in these consolidated cases present the questions whether regulations adopted by the Federal Deposit Insurance Corporation (FDIC) and the Federal Home Loan Bank Board (Bank Board) are authorized by the statutes which govern those agencies and whether the regulations were promulgated in accord with the requirements of the Administrative Procedure Act. Plaintiffs, an individual deposit brokerage firm and a trade association whose members engage in the deposit broker business, seek to set aside regulations intended to virtually…

2Cases cited5 opinions

  1. Association of Data Processing Service Organizations, Inc. v. CampSupreme Court of the United States · 1970
  2. Craig v. BorenSupreme Court of the United States · 1976
  3. Copper & Brass Fabricators Council, Inc. v. Department of the TreasuryCourt of Appeals for the D.C. Circuit · 1982
  4. Glass Packaging Institute v. Donald T. Regan, Secretary of the TreasuryCourt of Appeals for the D.C. Circuit · 1984
  5. American Bankers Association and Tioga State Bank v. Lawrence B. Connell, Jr., Administrator of the National Credit Union Administration Independent Bankers Association of America, a Corporation v. Federal Home Loan Bank Board United States League of Savings Associations, an Illinois Not-For-Profit Corporation v. Board of Governors of the Federal Reserve System, an Agency of the United StatesCourt of Appeals for the D.C. Circuit · 1979

3Cited by8 opinions

  1. Faic Securities, Inc. v. United StatesCourt of Appeals for the D.C. Circuit · 1985
  2. City of Arlington, Texas, a Municipal Corporation v. Federal Deposit Insurance Corporation, Etc., First Gibraltar Bank, FsbCourt of Appeals for the First Circuit · 1992
  3. Baskes v. Federal Sav. and Loan Ins. Corp.District Court, N.D. Illinois · 1986
  4. City of Arlington v. Federal Deposit InsuranceDistrict Court, N.D. Texas · 1990
  5. Faic Securities, Inc. v. United States of America Federal Home Loan Bank Board, Securities Industry Association v. Federal Deposit Insurance Corporation, Federal Home Loan Bank Board, Faic Securities, Inc. v. United States of America, Federal Home Loan Bank Board Securities Industry Association v. Federal Deposit Insurance Corporation, Federal Home Loan Bank BoardCourt of Appeals for the D.C. Circuit · 1985

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