| 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. 2d36 |
| 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 | |
| |
| 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.
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