Securities Industry Association v. Board of Governors of Federal Reserve System Securities Industry Association’s Empirical Analysis

Citation profile

5 federal appellate · 2 district · 1 state decisions

Most-quoted passages

The sentences later courts lift from this opinion, ranked by how many decisions quote each — the parts of the opinion doing the work. These counts are smaller than the citation total above because most of the 16 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.

1. “engaged in the business of issuing, underwriting, selling, or distributing ... stocks, bonds, debentures, notes, or other securities.”

   4 later decisions quote this exact passage · from the concurrence
   e.g. Securities Industry Ass'n v. Board of Governors of the Federal Reserve System · Securities Industry Association v. Robert L. Clarke and Office of the Comptroller of the Currency v. Security Pacific National Bank, Intervenor-Defendant-Appellant

2. “be 'totally obliterated' to permit a banking practice--avoidance of the hazard 'to a large extent' suffices.”

   4 later decisions quote this exact passage · from the majority
   e.g. Securities Industry Ass'n v. Board of Governors of the Federal Reserve System · Securities Industry Association v. Board Of Governors Of The Federal Reserve System

3. “[S]ection 21 cannot be read to prohibit what section 16 permits.... Therefore, if we find that the [Comptroller] acted reasonably in concluding that section 16 permits [SPN Bank's] activities, that is the end of our analysis.”

   3 later decisions quote this exact passage · from the concurrence
   e.g. Securities Industry Association v. Robert L. Clarke and Office of the Comptroller of the Currency v. Security Pacific National Bank, Intervenor-Defendant-Appellant · Securities Industry Association v. Board of Governors of Federal Reserve System