Nichols v. Merrill Lynch, Pierce, Fenner & Smith

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “no federal court has applied Section 5(a)(1) of the FTC Act to securities transactions .... because, since its inception, the Securities and Exchange Commission, rather than the FTC, has been responsible for regulating securities transactions”

Source: CourtListener parenthetical corpus (CC0).