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SECURITIES COMM'N v. CHENERY CORP.

No. 81.

332 U.S. 194 (1947)

SECURITIES & EXCHANGE COMMISSION v. CHENERY CORPORATION ET AL.

Supreme Court of United States.

Decided June 23, 1947.

Attorney(s) appearing for the Case

Roger S. Foster argued the cause for petitioner. With him on the brief were Solicitor General McGrath and Theodore L. Thau.

Spencer Gordon argued the cause and filed a brief for respondents in No. 81.

Allen S. Hubbard argued the cause and filed a brief for respondent in No. 82.

MR. JUSTICE MURPHY delivered the opinion of the Court.

This case is here for the second time. In S.E.C. v. Chenery Corp., 318 U.S. 80, we held that an order of the Securities and Exchange Commission could not be sustained on the grounds upon which that agency acted. We therefore directed that the case be remanded to the Commission for such further proceedings as might be appropriate. On remand, the Commission reexamined...

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