Securities and Exchange Commission v. Variable Annuity Life Insurance Company of America

Mr. Thomas G. Meeker, Washington, D.C., for petitioner S.E.C.

Mr. John H. Dorsey, Washington, D.C., for petitioner National Ass'n of Securities Dealers.

Mr. Benjamin H. Dorsey, Washington, D.C., for respondent Equity Annuity Life Ins. Co.

Messrs. Roy W. McDonald, New York City, and James M. Earnest, Washington, D.C., for respondent Variable Annuity Life Ins. Co. of America.

Mr. Justice DOUGLAS delivered the opinion of the Court.