S. E. C. v. FIRST TENN. BANK N. A. MEMPHIS

No. 77-2778.

445 F.Supp. 1341 (1978)

SECURITIES AND EXCHANGE COMMISSION, Petitioner, v. FIRST TENNESSEE BANK N. A. MEMPHIS, Respondent.

United States District Court, W. D. Tennessee, W. D.

February 27, 1978.


Attorney(s) appearing for the Case

Joseph L. Grant, James E. Long, Jane H. Heitman, Securities & Exchange Commission, Atlanta, Ga., for petitioner.

Michael F. Pleasants, Stephen D. Wakefield, Memphis, Tenn., for respondent.


ORDER

WELLFORD, District Judge.

The Securities and Exchange Commission has filed an application in this Court for an Order to require obedience to a subpoena filed December 21, 1977. It seeks production of certain bank records pertaining to accounts of two customers pursuant to an investigation of that Commission purportedly within the bounds of its duly constituted authority.

The respondent Bank relies upon the Bank Privacy Act of 1977, T.C.A. ...

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