Legal Opinion
Fed. Sec. L. Rep. P 91,895 Securities and Exchange Commission v. Waco Financial, Inc. And J. Jerome Prevatte
Court of Appeals for the Sixth Circuit
Decided January 3, 1985No. 83-1309PublishedCited by 18 opinions
1Opinion of the Court
LIVELY, Chief Judge.
The defendants appeal from a judgment of the district court which permanently enjoined WACO Financial, Inc. (WACO) and its president and chief stockholder, J. Jerome Prevatte (Prevatte), from dealing in securities in violation of federal securities laws. On appeal the defendants contend that the procedures by which they were barred from engaging in securities trading as a broker-dealer and principal violated rights guaranteed them by the due process clause of the Fifth Amendment.
I
Under the Securities Exchange Act 1 regulatory responsibility for the securities business is…
2Cases cited6 opinions
- Califano v. SandersSupreme Court of the United States · 1977
- Johnson v. RobisonSupreme Court of the United States · 1974
- Aetna Casualty & Surety Co. v. United StatesUnited States Court of Claims · 1981
- Howard J. SHULTZ, Petitioner, v. SECURITIES AND EXCHANGE COMMISSION, RespondentCourt of Appeals for the Seventh Circuit · 1980
- Securities & Exchange Commission v. Waco Financial, Inc.District Court, W.D. Michigan · 1981
1 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Ahmad Baravati v. Josephthal, Lyon & Ross, Incorporated, and Peter SheibCourt of Appeals for the Seventh Circuit · 1994
- MISTER DISCOUNT STOCKBROKERS, INC. and William F. Miller, Petitioners, v. SECURITIES AND EXCHANGE COMMISSION, RespondentCourt of Appeals for the Seventh Circuit · 1985
- Fed. Sec. L. Rep. P 99,521 Gerald R. Swirsky v. National Association of Securities DealersCourt of Appeals for the First Circuit · 1997
- Southern Ohio Coal Company (84-3910), U.S. Coal, Inc. (84-5688) v. Secretary of LaborCourt of Appeals for the Sixth Circuit · 1986
- National Labor Relations Board v. Midland Daily NewsCourt of Appeals for the Sixth Circuit · 1998
13 more not listed; retrieve them via the Exa API.