Legal Opinion
Austin Municipal Securities, Inc. v. National Association of Securities Dealers, Inc., Defendants
Court of Appeals for the Fifth Circuit
Decided April 15, 1985No. 84-1237PublishedCited by 91 opinions
1Opinion of the Court
CLARK, Chief Judge:
I
On this interlocutory appeal we hold that the National Association of Securities Dealers, Inc. (NASD) and its disciplinary officers have absolute immunity from further prosecution for personal liability on claims arising within the scope of their official duties; that the legislation authorizing the NASD disciplinary process implicitly repeals inconsistent provisions of the antitrust laws; and that the district court must stay proceedings pending arbitration for all arbitrable claims, despite the presence of intertwining nonarbitrable issues. We vacate the judgment of the…
2Cases cited55 opinions
- Harlow v. FitzgeraldSupreme Court of the United States · 1982
- Bivens v. Six Unknown Named Agents of Federal Bureau of NarcoticsSupreme Court of the United States · 1971
- Moses H. Cone Memorial Hospital v. Mercury Construction Corp.Supreme Court of the United States · 1983
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Imbler v. PachtmanSupreme Court of the United States · 1976
50 more not listed; retrieve them via the Exa API.
3Cited by91 opinions
- Paul E. Bettencourt, M.D. v. Board of Registration in Medicine of the Commonwealth of MassachusettsCourt of Appeals for the First Circuit · 1990
- Philip Barbara v. New York Stock Exchange, Inc.Court of Appeals for the Second Circuit · 1996
- Tenneco Resins, Inc., and Tenn-Uss Chemicals Co. v. Davy International, Ag And/or Davy McKee International, AgCourt of Appeals for the Fifth Circuit · 1985
- Sparta Surgical Corp. v. National Ass'n of Securities Dealers, Inc.Court of Appeals for the Ninth Circuit · 1998
- 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
86 more not listed; retrieve them via the Exa API.