Reves v. Ernst & Young

494 U.S. 56·1990

What the Court Decided

Addresses the breadth of the definition of 'security' under the securities laws and establishes that such definitions should not be read infinitely broadly, requiring context-specific analysis.

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Cited In

Sripetch v. Securities and Exchange Commission

2025 Term · 25-466

Provides guidance on interpreting the scope of the securities laws and federal regulatory jurisdiction; relevant to whether the challenged regulatory requirements exceed statutory bounds.