Quotes · Quote card
Quotation from Shearson/American Express Inc. v. McMahon by Supreme Court of the United States
“Both the Securities Act of 1933 and the Securities Exchange Act of 1934 were enacted to protect investors from predatory behavior of securities industry personnel.”
Shearson/American Express Inc. v. McMahon, Opinion of Justice Blackmun, concurring in part and dissenting in part (U.S. Reports text (Legal Information Institute))
Justice Blackmun, joined by Justices Brennan and Marshall, opens his dissent on the Exchange Act claims.
Citation: "Both the Securities Act of 1933 and the Securities Exchange Act of 1934 were enacted to protect investors from predatory behavior of securities industry personnel." — Supreme Court of the United States, Shearson/American Express Inc. v. McMahon, Opinion of Justice Blackmun, concurring in part and dissenting in part (U.S. Reports text (Legal Information Institute)). (id shearson-american-express-v-mcmahon-q4)
Portrait: Sandra Day O'Connor crop, Library of Congress (Transferred by Sven Manguard,, Public domain.
