United States Second Circuit
IN RE: STOCK EXCHS. OPTIONS TRADING ANTITRUST LITIG., 01-7371/7580
The district court correctly concluded that the Securities Exchange Act impliedly repeals Sherman Act section 1 with respect to the listing and trading of equity options, because the implied repeal is necessary to preserve the authority of the SEC to regulate that conduct.
Appellate Information
- Decided 01/09/2003
- Published 01/10/2003
Judges
Court
- United States Second Circuit