Case Name: Securities Investor Protection Corp. v. Barbour et al.
Court: Supreme Court of the United States
Jurisdiction: United States
Decision Date: 1974-10-21
Citations: 419 U.S. 894
Docket Number: No. 73-2055
Parties: Securities Investor Protection Corp. v. Barbour et al.
Judges: 
Reporter: United States Reports
Volume: 419
Pages: 894–894

Head Matter:
No. 73-2055.
Securities Investor Protection Corp. v. Barbour et al.

Opinion:
C. A. 6th Cir. Certiorari granted limited to the following questions:
1. Whether customers of a Member have an implied private right of action to compel SIPC to meet its alleged obligations to them under the Act, despite § 7 (b) thereof which grants that right only to the Securities and Exchange Commission?
2. If such a right of action can be implied, whether a receiver of a Member has standing to maintain it?