Legal Opinion
William B. Blount v. Securities and Exchange Commission, Municipal Securities Rulemaking Board, Intervenor
Court of Appeals for the D.C. Circuit
Decided October 4, 1995No. 94-1336PublishedCited by 67 opinions
1Opinion of the Court
STEPHEN F. WILLIAMS, Circuit Judge:
In late 1993, regulators of the municipal securities markets began to investigate reports that brokers and dealers were engaging in a variety of ethically questionable practices in order to secure underwriting contracts. These practices, often lumped together under the label “pay to play”, include as a paradigmatic example the making of political contributions to state and local officials who may influence the choice of underwriter. Concerned that such practices were becoming more prevalent and were undermining the integrity of the $250 billion municipal…
2Cases cited34 opinions
- Buckley v. ValeoSupreme Court of the United States · 1976
- United States v. O'BrienSupreme Court of the United States · 1968
- Ward v. Rock Against RacismSupreme Court of the United States · 1989
- United States v. LopezSupreme Court of the United States · 1995
- Central Hudson Gas & Electric Corp. v. Public Service CommissionSupreme Court of the United States · 1980
29 more not listed; retrieve them via the Exa API.
3Cited by67 opinions
- Michigan State Afl-Cio v. MillerCourt of Appeals for the Sixth Circuit · 1997
- National Ass'n of Manufacturers v. TaylorCourt of Appeals for the D.C. Circuit · 2009
- Wendy Wagner v. Federal Election CommissionCourt of Appeals for the D.C. Circuit · 2015
- Duffield v. Robertson Stephens & Co.Court of Appeals for the Ninth Circuit · 1998
- Aaron Ross v. Wayne EarlyCourt of Appeals for the Fourth Circuit · 2014
62 more not listed; retrieve them via the Exa API.