Securities Industries Association v. Board of Governors of Federal Reserve System Jp’s Empirical Analysis
Citation profile
1 federal appellate · 9 district ·
How this case has been cited
Cited by 17 later decisions — most recently March 2014
1 federal appellate · 9 district ·
Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.
Relationships
Relies on Parklane Hosiery Co. v. Shore · Montana v. United States · Cromwell v. County of Sac · Whitney National Bank in Jefferson Parish v. Bank of New Orleans & Trust Co. · Reading Co. v. CJI Industries, Inc.
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 17 citing decisions cite the case generally; a passage count includes only decisions quoting that exact language verbatim.
“in those activities: 21 [N]o member bank [of the Federal Reserve System] shall be affiliated ... with any corporation, association, business trust, or other similar organization engaged principally in the issue, flotation, underwriting, public sale, or distribution ... of stocks, bonds, debentures, notes, or other securities.... 22 12 U.S.C. 377 (1994) (emphasis added). The Board and the courts have read this limit as applying only to bank-ineligible securities, see Securities Industry Ass'n v. Board of Governors of the Fed. Reserve Sys., 839 F.2d 47 , 58-62 (2d Cir. 1988) (”
2 later decisions quote this exact passage · from the majority“), 12 U.S.C. 377. 4 The Act limits the securities-related activities of commercial banks and their affiliates. Section 16 of the Act, 12 U.S.C. 24 (Seventh), prohibits banks from underwriting or dealing in any securities, but specifically permits them to underwrite United States government obligations and state or municipal general obligations. The allowed activities are commonly referred to as”
2 later decisions quote this exact passage · from the majority“When a court determines an issue of fact or law that is actually litigated and necessary to its judgment, that conclusion binds the same parties in a subsequent action.”
1 later decision quote this exact passage · from the majority
How this case has been treated — in progress
Whether each later court followed, distinguished, criticized, or overruled this decision. The treatment classification (task #35) runs highest-cited cases first and lights up here as it reaches this one.