Legal Opinion
D'ALESSIO v. New York Stock Exchange, Inc.
District Court, S.D. New York
Decided September 29, 2000No. 00 Civ. 269(JSR)PublishedCited by 11 opinions
1Opinion of the Court
OPINION AND ORDER
RAKOFF, District Judge.
The basic question presented by defendants’ pending motion to dismiss is whether employees of the New York Stock Exchange who, pursuant to statutory delegation, perform regulatory functions that would otherwise be performed by the Securities and Exchange Commission are entitled to the same immunities from suit to which comparable Commission employees would be entitled. The short answer is yes.
The pertinent facts are as follows. Plaintiff John R. D’Alessio, formerly a “floor broker” on the New York Stock Exchange (the “Exchange”), was indicted in 1998…
2Cases cited10 opinions
- Burns v. ReedSupreme Court of the United States · 1991
- Barr v. MatteoSupreme Court of the United States · 1959
- Susan A. Desiderio v. National Association of Securities Dealers, Inc.Court of Appeals for the Second Circuit · 1999
- Philip Barbara v. New York Stock Exchange, Inc.Court of Appeals for the Second Circuit · 1996
- Sparta Surgical Corp. v. National Ass'n of Securities Dealers, Inc.Court of Appeals for the Ninth Circuit · 1998
5 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- John R. D'alessio, D'Alessio Securities, Inc. v. New York Stock Exchange, Inc., Richard A. Grasso, Edward A. Kwalwasser, and Robert J. McSweeneyCourt of Appeals for the Second Circuit · 2001
- In Re NYSE Specialists Securities LitigationDistrict Court, S.D. New York · 2005
- Mfs Securities Corp. And Marco Savarese v. New York Stock Exchange, Inc.Court of Appeals for the Second Circuit · 2002
- John R. D'Alessio and D'Alessio Securities, Inc. v. Securities and Exchange CommissionCourt of Appeals for the Second Circuit · 2004
- Frayler v. New York Stock Exchange, Inc.District Court, S.D. New York · 2000
6 more not listed; retrieve them via the Exa API.