Legal Opinion
Securities Industry Association v. Board of Governors of the Federal Reserve System, and Bankamerica Corporation, Intervenor
Court of Appeals for the Second Circuit
Decided January 23, 1984No. 1372, Docket 83-4019PublishedCited by 17 opinions
1Opinion of the Court
LUMBARD, Circuit Judge:
On January 7, 1983 the Federal Reserve Board authorized the BankAmerica Corporation, a bank holding company, to acquire the Charles Schwab Corporation, the sole owner of Charles Schwab & Co., the nation’s largest “discount” brokerage firm. The Securities Industry Association (SIA), a national trade association representing over 540 securities brokers, dealers, and investment banking companies, petitions for judicial review of the Board’s order. SIA contends that the acquisition approved by the Board violates both the Glass-Steagall Act and the Bank Holding Company Act.…
2Cases cited14 opinions
- Investment Company Institute v. CampSupreme Court of the United States · 1971
- Northcross v. Memphis Board of EducationSupreme Court of the United States · 1973
- Federal Trade Commission v. Sun Oil Co.Supreme Court of the United States · 1963
- Third Nat. Bank in Nashville v. Impac Limited, Inc.Supreme Court of the United States · 1977
- Board of Governors of the Federal Reserve System v. AgnewSupreme Court of the United States · 1947
9 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Wachovia Bank, N.A. v. BurkeCourt of Appeals for the Second Circuit · 2005
- Securities Industry Ass'n v. Board of Governors of the Federal Reserve SystemSupreme Court of the United States · 1984
- Scott v. Dime Sav. Bank of New York, FSBDistrict Court, S.D. New York · 1995
- Association of Data Processing Service Organizations, Inc. v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the D.C. Circuit · 1984
- Securities Industry Ass'n v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the Second Circuit · 1988
12 more not listed; retrieve them via the Exa API.