Univ. of Iowa v. Am. Arbitration Ass'n

How courts have described this case

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

• holding that when a self-regulating authority engaged in conduct consistent with the powers delegated to it pursuant to the Exchange Act and the regulations and rules promulgated thereunder, self-regulating authority is immune from suit
• rejecting the plaintiff’s assertion that the manner in which the SRO announced it decisions to suspend, resume or cancel trades was outside the scope of its regulatory duties
• “[R]eporting its regulatory actions to the public is, at the very least, certainly ‘consistent with [Nasdaq’s] quasi-governmental powers as an SRO ***.’ ” (Emphasis omitted.) (quoting D’Alessio, 258 F.3d at 106)

Source: CourtListener parenthetical corpus (CC0).