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SEC v. Chenery Corp.

332 U.S. 194 (1947)

tl;dr: Federal agencies can formulate standards of conduct through ad hoc adjudication in addition to the rulemaking process.

IRACIssue, Rule, Analysis, Conclusion

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Facts & Holding

Facts:The Public Utility Holding Company Act (PUHCA) mandates a change...

Holding:Holding (Murphy): Federal agencies are entrusted by the legislature to...

SEC v. Chenery Corp.

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