BOARD OF GOVERNORS OF FEDERAL RESERVE SYSTEM v. INVESTMENT COMPANY INSTITUTE (1981)

BOARD OF GOVERNORS OF FEDERAL RESERVE SYSTEM v. INVESTMENT COMPANY INSTITUTE
	Term: 1980
Important Dates
	Argued: October 15, 1980
	Decided: February 24, 1981
Outcome
	Reversed
Vote
	6-0
Majority
	Harry Blackmun • William Brennan • Warren Burger • Thurgood Marshall • John Paul Stevens • Byron White

BOARD OF GOVERNORS OF FEDERAL RESERVE SYSTEM v. INVESTMENT COMPANY INSTITUTE is a case that was decided by the Supreme Court of the United States on February 24, 1981. The case was argued before the court on October 15, 1980.

In a 6-0 ruling, the U.S. Supreme Court reversed the ruling of the lower court. The case originated from the U.S. Court of Appeals, District of Columbia Circuit (includes the Court of Appeals for the District of Columbia but not the District of Columbia Court of Appeals, which has local jurisdiction).

For a full list of cases decided in the 1980s, click here. For a full list of cases decided by the Burger Court, click here.

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About the case

Subject matter: Economic Activity - Federal or state regulation of securities
Petitioner: Federal Reserve Board of Governors
Petitioner state: Unknown
Respondent type: Bank, savings and loan, credit union, investment company
Respondent state: Unknown
Citation: 450 U.S. 46
How the court took jurisdiction: Cert
What type of decision was made: Opinion of the court (orally argued)
Who was the chief justice: Warren Burger
Who wrote the majority opinion: John Paul Stevens

These data points were accessed from The Supreme Court Database, which also attempts to categorize the ideological direction of the court's ruling in each case. This case's ruling was categorized as liberal.