Sec v. Louisiana Pub. Svc. Comm’n, 353 U.S. 368 (1957)

Securities and Exchange Commission v.


Louisiana Public Service Commission
No. 466


Argued April 30, May 1, 1957
Decided May 13, 1957
353 U.S. 368

CERTIORARI TO THE UNITED STATES COURT OF APPEALS
FOR THE FIFTH CIRCUIT

Syllabus

The orders of the Securities and Exchange Commission made judicially reviewable by the last two sentences of § 11(b) of the Public Utility Holding Company Act of 1935 are the directory orders mentioned in, and authorized by, subsection (b) of § 11 of the Act, and orders which may "revoke and modify" any such order previously made under that subsection, and the language referred to does not include an order merely denying petition to reopen § 11(b) proceedings. Pp. 368-372.

235 F. 2d 167 reversed.