Robert S. Robertson v. Dean Witter Reynolds, Inc.

U.S. Court of Appeals, Ninth Circuit · Decided 1984-12-10

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NELSON, Circuit Judge: Robert S. Robertson alleges that Dean Witter Reynolds, Inc. violated its duty to him under Securities and Exchange Commission (“SEC”) Rule 10b-16. Rule 10b-16 requires brokers to disclose in writing the terms of credit they extend to customers who wish to purchase securities on margin. Robertson lost money aft…

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