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Quotation from SEC v. Capital Gains Research Bureau, Inc. by Supreme Court of the United States

“However salutary may be thought the disclosure rule now fashioned by the Court, I can find no authority for it either in the statute or in any regulation duly promulgated thereunder by the S.E.C.”

Supreme Court of the United States

SEC v. Capital Gains Research Bureau, Inc., Dissent of Justice Harlan (U.S. Reports text (Legal Information Institute))

Portrait of Supreme Court of the United States

Justice Harlan objects that the Court supplied a rule Congress and the Commission had not adopted.

Citation: "However salutary may be thought the disclosure rule now fashioned by the Court, I can find no authority for it either in the statute or in any regulation duly promulgated thereunder by the S.E.C." — Supreme Court of the United States, SEC v. Capital Gains Research Bureau, Inc., Dissent of Justice Harlan (U.S. Reports text (Legal Information Institute)). (id sec-v-capital-gains-research-bureau-q6)

Portrait: Justice Arthur Goldberg - 1965 - A720-5, Yoichi Okamoto, Public domain.

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Quote card: However salutary may be thought the disclosure rule now fashioned by the Court,