ALI-ABA Course of Study on SEC Rule 144--Restricted Securities and Non-underwritten DistributionJoint committee on Continuing Legal Education of the American Law Institute and the American Bar Association, 1972 - Privately placed securities - 243 pages |
From inside the book
Results 1-3 of 89
Page 57
... problem has been pretty well resolved by Rule 144 , which provides that you can tack the holding periods of the pledgor , the pledgee , and the purchaser upon pledge ( unless the loan secured was non - recourse ) , so that you may have ...
... problem has been pretty well resolved by Rule 144 , which provides that you can tack the holding periods of the pledgor , the pledgee , and the purchaser upon pledge ( unless the loan secured was non - recourse ) , so that you may have ...
Page 63
... problem with respect to loaning money in the brokerage business on 144 type stock . The banks are faced with the same problem . I was talking to counsel at a large New York bank , and they are very concerned over the type of ...
... problem with respect to loaning money in the brokerage business on 144 type stock . The banks are faced with the same problem . I was talking to counsel at a large New York bank , and they are very concerned over the type of ...
Page 92
... problem because in many instances there is no trading market in the class of securities that they have taken . They , as I say , are probably the first ones who are going to confront the problem . There are a series of transitional problems ...
... problem because in many instances there is no trading market in the class of securities that they have taken . They , as I say , are probably the first ones who are going to confront the problem . There are a series of transitional problems ...
Contents
MORNING SESSION | 1 |
The Statutory Framework | 11 |
The Fungibility Doctrine | 24 |
Copyright | |
9 other sections not shown
Common terms and phrases
133 transaction 90 days ABA ALL ABA account executive affiliate aggregate amount of securities apply April 15 BIALKIN broker broker-dealer broker's transaction brokerage firm Bruce CAVALLARO cent change of circumstances CIONE client Commission compliance controlling person convertible securities Corporation counsel dealer disclosure effect exemption Ezra fact filed FITZPATRICK fungibility GARRETT going holding period indicated investment intent investors involved issue issuer legend MANN market maker market-maker Merrill Lynch NASDAQ no-action letter number of shares opinion paragraph pink sheets pledgee pledgor private placement problem prospectus provisions public offering purchased pursuant question Ray Garrett registration statement reporting company resale restricted securities restricted stock Section securities acquired Securities Act securities sold sell under Rule seller selling security shelf registration situation solicitation SOMMER staff suppose thing tion trading transfer agent underwriter unsolicited wants to sell WEISS York Stock Exchange