Board of Governors, FRS v. Investment Co. Institute
1981 United States Supreme Court case / From Wikipedia, the free encyclopedia
Board of Governors, FRS v. Investment Company Institute, 450 U.S. 46 (1981), was a decision by the United States Supreme Court, which held that the amendment to Regulation Y does not exceed the Board's statutory authority.
Quick Facts Board of Governors, FRS v. Investment Company Institute, Argued October 15, 1980 Decided February 24, 1981 ...
Board of Governors, FRS v. Investment Company Institute | |
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Argued October 15, 1980 Decided February 24, 1981 | |
Full case name | Board of Governors of Federal Reserve System v. Investment Company Institute |
Citations | 450 U.S. 46 (more) 101 S. Ct. 973; 67 L. Ed. 2d 36 |
Case history | |
Prior | Certiorari to the United States Court of Appeals for the District of Columbia Circuit |
Holding | |
The amendment to Regulation Y does not exceed the Board's statutory authority. | |
Court membership | |
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Case opinion | |
Majority | Stevens, joined unanimously |
Stewart, Powell, Rehnquist took no part in the consideration or decision of the case. |
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