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Clarke v. Securities Industry Association

479 U.S. 388 · Decided January 14, 1987 · Supreme Court of the United States

Record summary. This page is generated from the Supreme Court Database’s coded data about the case. It describes who decided what, not the Court’s reasoning. Read the opinion itself before relying on it. Not legal advice.

At a glance

Clarke v. Securities Industry Association was decided on January 14, 1987 unanimously (8–0). The Court affirmed the lower court's decision in part and reversed or vacated it in part. Justice Byron R. White wrote the opinion of the Court. SCDB classifies its main issue as “Securities regulation” in the Economic Activity area.

Read the opinion

Case details

Citations
479 U.S. 388 · 107 S. Ct. 750 · 93 L. Ed. 2d 757 · 1987 U.S. LEXIS 287
Docket number
85-971
Decided
January 14, 1987
Argued
November 3, 1986
Decision type
Opinion of the Court (orally argued)
Disposition
Affirmed and reversed (or vacated) in part
Outcome for petitioner
The petitioning party received a favorable disposition
Vote
8–0 (unanimous)
Majority opinion
Byron R. White
Opinion assigned by
William H. Rehnquist
How the case arrived
Certiorari
Legal provision
12 U.S.C. § 81
Type of law
Infrequently litigated statute
Decision direction (SCDB)
Liberal what this means

How the Justices voted

JusticeVoteSeparate writing
Justice William J. Brennan Jr.Majority
Justice Byron R. WhiteMajorityWrote an opinion
Justice Thurgood MarshallMajority
Justice Harry A. BlackmunMajority
Justice Lewis F. Powell Jr.Majority
Chief Justice William H. RehnquistSpecial concurrence
Justice John Paul StevensSpecial concurrenceWrote an opinion
Justice Sandra Day O'ConnorSpecial concurrence

Did not participate: Antonin Scalia.

Full case caption

Clarke, Comptroller of the Currency v. Securities Industry Association

SCDB identifiers: case 1986-022, docket 1986-022-01.

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Source: Supreme Court Database, 2026 Release 01 (data file dated September 8, 2026). Imported into CaseTrail November 5, 2026. Coverage: decisions from the 1946 through 2025 Terms. Methodology · Report an error