for THE FLORIDA BAR
1. Touche Ross & Co. v. Redington, No. 78-309, SUPREME COURT OF THE UNITED STATES, March 26, 1979, Argued , June 18, 1979, Decided
OVERVIEW: Where the plain language of a provision of the Securities Exchange Act of 1934 did not provide for a private cause of action, courts could not imply one and had to assume that Congress did not intend to create such a right.
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