Securities Industry Association v. Board of Governors of the Federal Reserve System
468 U.S. 137 · Decided June 28, 1984 · Supreme Court of the United States
At a glance
Securities Industry Association v. Board of Governors of the Federal Reserve System was decided on June 28, 1984 by a vote of 6–3. The Court reversed the lower court's decision and remanded the case. Justice Harry A. Blackmun wrote the opinion of the Court. SCDB classifies its main issue as “Securities regulation” in the Economic Activity area.
Read the opinion
Case details
- Citations
- 468 U.S. 137 · 104 S. Ct. 2979 · 82 L. Ed. 2d 107 · 1984 U.S. LEXIS 131
- Docket number
- 82-1766
- Decided
- June 28, 1984
- Argued
- March 21, 1984
- Court era
- Burger Court
- Decision type
- Opinion of the Court (orally argued)
- Disposition
- Reversed and remanded
- Outcome for petitioner
- The petitioning party received a favorable disposition
- Vote
- 6–3
- Majority opinion
- Harry A. Blackmun
- Opinion assigned by
- Warren E. Burger
- How the case arrived
- Certiorari
- Issue (SCDB)
- Securities regulation
- Issue area
- Economic Activity
- Legal provision
- 12 U.S.C. § 24
- Type of law
- Infrequently litigated statute
- Decision direction (SCDB)
- Conservative what this means
How the Justices voted
| Justice | Vote | Separate writing |
|---|---|---|
| Justice William J. Brennan Jr. | Dissent | |
| Justice Byron R. White | Majority | |
| Justice Thurgood Marshall | Dissent | |
| Chief Justice Warren E. Burger | Majority | |
| Justice Harry A. Blackmun | Majority | Wrote an opinion |
| Justice Lewis F. Powell Jr. | Majority | |
| Justice William H. Rehnquist | Majority | |
| Justice John Paul Stevens | Majority | |
| Justice Sandra Day O'Connor | Dissent | Wrote an opinion |
Full case caption
Securities Industry Association et al. v. Board of Governors of the Federal Reserve System et al.
SCDB identifiers: case 1983-147, docket 1983-147-01.
Related decisions
Other cases on “Securities regulation”
- Securities Industry Association v. Board of Governors of the Federal Reserve System
- Securities and Exchange Commission v. Jerry T. O'Brien, Inc.
- Daily Income Fund, Inc. v. Fox
- Landreth Timber Co. v. Landreth
- Gould v. Ruefenacht
- Dirks v. Securities and Exchange Commission
Cases on the same legal provision: 12 U.S.C. § 24
Same Term, same area (Economic Activity)
- Norfolk Redevelopment and Housing Authority v. Chesapeake & Potomac Telephone Company of Virginia
- Secretary of the Interior v. California
- Sony Corporation of America v. Universal City Studios, Inc.
- Daily Income Fund, Inc. v. Fox
- Southland Corp. v. Keating
- Dixson v. United States
Source: Supreme Court Database, 2026 Release 01 (data file dated September 8, 2026). Imported into CaseTrail November 5, 2026. Coverage: decisions from the 1946 through 2025 Terms. Methodology · Report an error