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· 12/23/1986

Federal Case

Citations

  • 807 F.2d 1052

How courts have described this case

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

  • rejecting contention that rendering financial advice itself removes a bank's placement activities from the category of transactions made \solely upon the order of a customer\
  • rejecting contention that rendering financial advice itself removes a bank’s placement activities from the category of transactions made “solely upon the order of a customer”
  • Board is not foreclosed from \deciding that the realities of a situation make even the potential for conflict substantially unlikely\
  • Board is not foreclosed from “deciding that the realities of a situation make even the potential for conflict substantially unlikely”
  • “The Glass-Steagall Act does impose a system of flat ‘prohibitions’ and ‘prophylactic’ measures, but this cannot obviate the need to examine particular factual situations to determine on which side of the prohibitory line they fall.”

Source: CourtListener parenthetical corpus (CC0).

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.