Board of Governors, FRS v. Investment Company Institute, 450 U.S. 46 (1981), was a decision by the United States Supreme Court, which held that the Federal Reserve's amendment to Regulation Y, which lowered regulatory burdens on well-managed banks did not exceed the Board's statutory authority.
See also List of United States Supreme Court cases, volume 450 Glass–Steagall Act Bloomberg L.P. v. Board of Governors of the Federal Reserve System
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