CONTENTS

Text of-

H. R. 7550.

S. 2846_

Report of-

Bureau of the Budget..

Securities and Exchange Commission_.

Statement of—

Adams, Clarence A., member, Securities and Exchange Commission__
Armstrong, J. Sinclair, member, Securities and Exchange Commission_
Bryce, T. Jerrold, president, Investment Bankers' Association of
America__.

Demmler, Ralph H., Chairman, Securities and Exchange Commis-
sion____

Eaton, Charles F., Jr., National Association of Investment Com-
panies___

Funston, G. Keith, president, New York Stock Exchange.

George, Edward C., chairman, board of governors, National Asso-

ciation of Securities Dealers, Inc.---.

Goodwin, A. J., Jr., member, Securities and Exchange Commission_
Hardies, Melvin A., attorney at law, Chicago, Ill..
Loss, Louis, professor of law, Harvard University-

Rowen, Paul R., member, Securities and Exchange Commission_.

Additional information submitted for the record by-

19, 152

118

83

144

19

122

103

151

137

19

McCann, Eugene B., president, Apartment Owners, Inc., New York
City

McFarlin, Clyde, representing United States Independent Telephone

Association.

American Stock Exchange, statement of Edward T. McCormick,

president

Midwest Stock Exchange, letter from James E. Day, president_

Parker, Selby C., letter from_...

Securities and Exchange Commission:

Letter from Ralph H. Demmler, Chairman, regarding proposal

to amend rule U-50_.

Analysis by sections

Investment Bankers' Antitrust case, opinion of Judge Medina-

Press release No. 3466, March 6, 1953.

128

Press release No. 3471, April 17, 1953.

136

Rule 131 and rule 132 under the Securities Act..

Statistical information regarding use of regulation A under the

Securities Act of 1933_.

155

Technical amendments to H. R. 7550.

III