Court of Appeals for the D.C. Circuit November 2, 1982, Nos. 80-2258, 81-2070, 81-1493, 81-2058, 81-2096 and 80-2314 (A.G. Becker Inc. v. Board of Governors of The Federal Reserve System)

lead-opinion

Opinion for the Court filed by Circuit Judge WILKEY.

Dissenting opinion filed by Senior Circuit Judge ROBB.

WILKEY, Circuit Judge:

This case calls upon us to decide whether the Federal Reserve Board acted lawfully in permitting the Bankers Trust Company, a state member bank of the Federal Reserve System,1 to act as agent in the sale of commercial paper.