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. |
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.