Board of Governors, FRS v. Investment Co. Institute
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|Board of Governors, FRS v. Investment Company Institute|
|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
|Prior||Certiorari to the United States Court of Appeals for the District of Columbia Circuit|
|The amendment to Regulation Y does not exceed the Board's statutory authority.|
|Majority||Stevens, joined unanimously|
|Stewart, Powell, Rehnquist took no part in the consideration or decision of the case.|
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.
- List of United States Supreme Court cases, volume 450
- Glass–Steagall Act
- Bloomberg L.P. v. Board of Governors of the Federal Reserve System
- Mendenhall, R. L. (1982). "Commercial Law—Board of Governors of the Federal Reserve System v. Investment Company Institute: The Continuing Conflict Between Commercial and Investment Banking". North Carolina Law Review. 61: 378. ISSN 0029-2524.
- Norton, Joseph J. (1986). "Up against 'The Wall': Glass-Steagall and the Dilemma of a Deregulated (Reregulated) Banking Environment". Business Lawyer. 42: 327. ISSN 0007-6899.
- Wald, R. (1984). "Regulation Q and Glass-Steagall: Limits on Bank Holding Company Alternatives to Money Market Mutual Funds". Annual Review of Banking Law. 3: 291. ISSN 0739-2451.
- Text of Board of Governors, FRS v. Investment Co. Institute, 450 U.S. 46 (1981) is available from: Justia Library of Congress Oyez (oral argument audio)