Regulating the Sale of Securities: Hearing...88-1...May 2, 1963 |
From inside the book
Results 1-5 of 43
Page 6
... basis of an order under a State act unless that order was based on facts which would currently constitute a ground for an order under this section : ( 7 ) has engaged in fraudulent practices in the securities business or while acting in ...
... basis of an order under a State act unless that order was based on facts which would currently constitute a ground for an order under this section : ( 7 ) has engaged in fraudulent practices in the securities business or while acting in ...
Page 7
... basis of a fact or transaction known to it when the license became ef- fective unless the proceeding is instituted ... basis of the lack of qualification of any person other than ( A ) the broker - dealer himself if he is an individual ...
... basis of a fact or transaction known to it when the license became ef- fective unless the proceeding is instituted ... basis of the lack of qualification of any person other than ( A ) the broker - dealer himself if he is an individual ...
Page 13
... basis . ( 4 ) The SEC believes , and the District of Columbia Commissioners agree , that the District government ought to take some of the responsibility in handling the serious local securities situation . PROVISIONS This bill is ...
... basis . ( 4 ) The SEC believes , and the District of Columbia Commissioners agree , that the District government ought to take some of the responsibility in handling the serious local securities situation . PROVISIONS This bill is ...
Page 40
... basis of such factors as training , ex- perience , and knowledge . In addition , section 10 of the bill provides summary procedures for postponing the issuance of a license or suspending an effective license . These procedures should ...
... basis of such factors as training , ex- perience , and knowledge . In addition , section 10 of the bill provides summary procedures for postponing the issuance of a license or suspending an effective license . These procedures should ...
Page 43
... basis of that history , up to practically the present moment , that we felt it is necessary to have this kind of bill . I could go back . I didn't know whether you wanted the statistics that I furnished before your committee a year ago ...
... basis of that history , up to practically the present moment , that we felt it is necessary to have this kind of bill . I could go back . I didn't know whether you wanted the statistics that I furnished before your committee a year ago ...
Common terms and phrases
ABERNETHY ACHESON actuarial administration amended amount Annuity Life Insurance annuity payments application Association of Securities authority Better Business Bureau bill blue sky law broker broker-dealers and agents Bryan CALVERT Chairman committee definition of security District of Columbia dollars drafting effective employees equity Exchange Commission exempt Federal firms fixed-dollar annuities grantor guaranteed hearing insurance commissioner insurance companies insurance departments interest investors issued issuer KEITH language legislation liability license Maryland ment minimum capital mortality tables mutual funds NASD officers pany payable period person proceeding proposed protection Public Service Commission purchaser pursuant registration regulation regulatory reserves respect risk rule or order salesmen section 801 Securities and Exchange securities business Securities Dealers Securities Exchange segregated asset accounts SHAW specified SPRINGER statement statute surety bond term life insurance tion transactions U.S. attorney Uniform Act Uniform Securities Act United VALIC variable annuity contracts violation Washington
Popular passages
Page 5 - To make any untrue statement of a material fact or to omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading...
Page 8 - For the purpose of any such investigation^ or any other proceeding under this title, any member of the Commission or any officer designated by it is empowered to administer oaths and affirmations, subpena witnesses, compel their attendance, take evidence, and require the production of any books, papers, correspondence, memoranda, or other records which the Commission deems relevant or material to the inquiry. Such attendance of witnesses and the production of any such records may be required from...
Page 9 - Commission, on the ground that the testimony or evidence, documentary or otherwise, required of him may tend to incriminate him or subject him to a penalty or forfeiture...
Page 68 - ... did not know, and in the exercise of reasonable care could not have known, of such untruth or omission...
Page 4 - Any security exchanged by the issuer with its existing security holders exclusively where no commission or other remuneration is paid or given directly or indirectly for soliciting such exchange...
Page 8 - The Commission may, in its discretion, make such investigations as it deems necessary to determine whether any person has violated or is about to violate...
Page 6 - In accordance with such rules and regulations or order as the Commission may deem necessary or appropriate in the public interest or for the protection of investors...
Page 48 - Commissioner or his successor in office to be his attorney to receive service of any lawful process in any non-criminal suit, action, or proceeding against him or his successor executor or administrator which arises under this Act or any rule or order hereunder after the consent has been filed, with the same force and validity as if served personally on the person filing the consent.
Page 99 - [a] word is not a crystal, transparent and unchanged, it is the skin of a living thought and may vary greatly in color and content according to the circumstances and the time in which it is used.
Page 11 - ... is filed in the case on or before the return day of the process, if any, or within such further time as the court allows.