Girish Mahajan (Editor)

Credit Suisse Securities (USA) LLC v. Billing

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Concurrence  Stevens
End date  2007
Dissent  Thomas
Full case name  Credit Suisse Securities (USA) LLC, fka Credit Suisse First Boston LLC, et al. v. Billing et al.
Citations  551 U.S. 264 (more) 127 S. Ct. 2383
Prior history  Certiorari to the United States Court of Appeals for the Second Circuit
Majority  Breyer, joined by Roberts, Scalia, Souter, Ginsburg, Alito
Ruling court  Supreme Court of the United States
People also search for  Verizon Communications Inc. v. Law Offices of Curtis V. Trinko, LLP

Credit Suisse v. Billing, 551 U.S. 264 (2007), was a decision by the Supreme Court of the United States, which held that the securities markets were exempt from the scope of antitrust laws.

Judgment

The Supreme Court held that creation of the United States Securities and Exchange Commission (SEC) implicitly exempted the regulated securities industry from antitrust lawsuits under other existing laws. Justice Thomas dissented, arguing that the laws creating the SEC explicitly mention that securities regulations are in addition to, not instead of, existing law.

References

Credit Suisse Securities (USA) LLC v. Billing Wikipedia


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