Legal Opinion
Independent Broker-Dealers' Trade Association v. Securities & Exchange Commission
Court of Appeals for the D.C. Circuit
Decided May 18, 1971No. 22552PublishedCited by 61 opinions
1Opinion of the Court
LEVENTHAL, Circuit Judge:
In October, 1968, the members of the New York Stock Exchange voted to abolish customer-directed give-ups of brokerage fees. Appellants, an unincorporated association of securities brokers and dealers and several of its members, brought this action in the District Court for declaratory and injunctive relief. They claimed that the Securities and Exchange Commission had in effect ordered the Exchange to abolish give-ups, \in a letter dated August 30, 1968, and that this order was beyond the scope of the Commission’s power and was issued without notice or adequate hearing…
2Cases cited27 opinions
- Abbott Laboratories v. GardnerSupreme Court of the United States · 1967
- Burlington Truck Lines, Inc. v. United StatesSupreme Court of the United States · 1962
- Red Lion Broadcasting Co. v. Federal Communications CommissionSupreme Court of the United States · 1969
- United States v. Carolene Products Co.Supreme Court of the United States · 1938
- Leedom v. KyneSupreme Court of the United States · 1958
22 more not listed; retrieve them via the Exa API.
3Cited by61 opinions
- Natural Resources Defense Council, Inc. v. Russell E. Train, in His Official Capacity as Administrator, Environmental Protection AgencyCourt of Appeals for the D.C. Circuit · 1975
- Richard Pickus v. United States Board of ParoleCourt of Appeals for the D.C. Circuit · 1974
- Weyerhaeuser Company v. Douglas M. Costle, Administrator, Environmental Protection Agency, No. 76-1674Court of Appeals for the D.C. Circuit · 1978
- Gordon v. New York Stock Exchange, Inc.Supreme Court of the United States · 1975
- Lawrence Cabais v. Roscoe Egger, Commissioner of the Internal Revenue ServiceCourt of Appeals for the D.C. Circuit · 1982
56 more not listed; retrieve them via the Exa API.