Board of Governors, FRS v. Investment Company Institute
Supreme Court of the United States
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
Chief Justice Warren E. Burger Associate Justices William J. Brennan Jr. · Potter Stewart Byron White · Thurgood Marshall Harry Blackmun · Lewis F. Powell Jr. William Rehnquist · John P. Stevens
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.