United States Second Circuit

There is no fraud exception to the absolute immunity extended to self-regulatory organizations when they engage in conduct consistent with the quasi-governmental powers delegated to them pursuant to the Securities Exchange Act.

Appellate Information

• Decided 05/26/2005
• Published 05/26/2005

Judges

• KATZMANN, Circuit Judge., Before:  WINTER, KATZMANN, Circuit Judges. and MURTHA, District Judge.

Court

• United States Second Circuit

Counsel

• For Appellant:
  
• Appearing for Plaintiff-Appellant:  Robert I. Harwood (Matthew M. Houston and Joshua D. Glatter, on the brief), Wechsler Harwood LLP, New York, N.Y. and Sherrie R. Savett, Barbara A. Podell, Douglas M. Risen, Berger & Montague, P.C., Philadelphia, PA, of counsel.


• For Appellees:
  
• Appearing for Defendants-Appellees:  Douglas R. Cox (F. Joseph Warin and Michael J. Edney, on the brief), Gibson, Dunn & Crutcher LLP, Washington, D.C.