Securities Industry Ass'n v. Board of Governors of Federal Reserve System, 628 F. Supp. 1438 - 1986

—intervenor as of right "assumed the risk that it would not prevail and that an order adverse to its interests would be entered

In fact, whether Bankers' commercial paper private placement activities constituted proscribed underwriting was the central issue of the second stage of that litigation, from 1984 to 1987. See Sec.

Finally, the fourth factor, the public interest, further supports the issuance of the injunction: the public has an interest in the enforcement of federal statutes. See Sec.

Furthermore, should the Court ultimately grant the OAH's motion for leave to intervene, that agency will be bound by all earlier decisions rendered in this case—including the deadlines for the provision of hearings previously decreed—just as all original defendants in the case are bound.

As Judge Joyce Green said in another context:[W] here federal statutes are violated, the guiding principle for determining the propriety of equitable relief is whether an injunction is necessary to effectuate the Congressional purpose behind the statute.... the equities to be balanced are not simply those of the litigants, but also the interests of the public as defined by …

"Through flat prohibitions, the Act sought to'separat [e] as completely as possible commercial from investment banking."'(citing ICI

P. 62 (c)(2003)("When an appeal is taken from an interlocutory or final judgment granting, dissolving, or denying an injunction, the court in its discretion may suspend, modify, restore, or grant an injunction during the pendency of the appeal upon such terms as to bond or otherwise as it considers proper for the security of the rights of the adverse party."); see also Sec.

Finally, MLP's assertion that an injunction would not "effectuate the Congressional purpose behind the statute,"

When express authority for issuance of "statutory" injunctions is provided by legislative enactment, an injunction may issue without resort to the traditional "equitable" prerequisites of such relief.

Nat'l Student Clearinghouse, Civil Action No. 19-10749-FDS, 2021 WL 11553409, at* 1 (D. Mass. May 17, 2021)(alterations in original