SCOTTSDALE CAPITAL v. FINANCIAL INDUSTRY

Attorney(s) appearing for the Case

ARGUED: Jonathan S. Franklin , NORTON ROSE FULBRIGHT US LLP, Washington, D.C., for Appellants. Timothy Wilson Mountz , FINANCIAL INDUSTRY REGULATORY AUTHORITY, INC., Washington, D.C., for Appellee. Martin V. Totaro , SECURITIES AND EXCHANGE COMMISSION, Washington, D.C., for Amicus Curiae. ON BRIEF: John W. Akin , NORTON ROSE FULBRIGHT US LLP, Washington, D.C., for Appellants. Terri L. Reicher , Office of General Counsel, FINANCIAL INDUSTRY REGULATORY AUTHORITY, INC., Washington, D.C., for Appellee. Anne K. Small , General Counsel, Sanket J. Bulsara , Deputy General Counsel, Michael A. Conley , Solicitor, Dominick V. Freda , Senior Litigation Counsel, Josephine T. Morse , Office of the General Counsel, SECURITIES AND EXCHANGE COMMISSION, Washington, D.C., for Amicus Curiae.

Affirmed by published opinion. Judge Duncan wrote the opinion, in which Judge Motz and Judge King joined.