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INVESTMENT CO. INSTITUTE v. CLARKE

Civ. No. H 85-160 (JAC).

630 F.Supp. 593 (1986)

INVESTMENT COMPANY INSTITUTE, v. Robert CLARKE, et al.

United States District Court, D. Connecticut.

January 21, 1986.

Attorney(s) appearing for the Case

John F. Scully, Hartford, Conn., Henry A. Hubschman, Harvey L. Pitt, David M. Miles, Washington, D.C., for plaintiff Inv. Co. Institute.

L. Robert Griffin, Eugene M. Katz, Washington, D.C., for defendant Comptroller of the Currency.

Scott P. Moser, Thomas J. Groark, Jr., J. Bruce Boisture, Joan K. Willin, Hartford, Conn., Howard N. Cayne, Washington D.C., for defendants-intervenors Connecticut Bank & Trust Co., N.A., and The Connecticut Bank & Trust Co. IRA Collective Inv. Fund.

RULING ON CROSS-MOTIONS FOR SUMMARY JUDGMENT

JOSÉ A. CABRANES, District Judge:

This challenge to a decision of the Comptroller of the Currency ("the Comptroller") is before the court on the parties' cross-motions for summary judgment.1

The Investment Company Institute ("ICI" or "the plaintiff") contends that the Comptroller erred in permitting the Connecticut Bank and Trust Company ("CBT" or "the bank") to market...

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