Investment Trusts and Investment Companies: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-sixth Congress, Third Session, on S. 3580, a Bill to Provide for the Registration and Regulation of Investment Companies and Investment Advisers, and for Other Purposes. April 2, 3, 4, 5, 8, 9, and 10, 1940, Part 3
United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Securities and Exchange
U.S. Government Printing Office, 1940 - Investments - 1131 pages
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adviser affiliated amount application assets association bank bankers believe bill capital certificate Chairman Commission committee common stock connection contract Corporation course deal directors discussion dividends effect existing fact firm funds further give hearing holders holding important individual industry instance interest investment company investment counsel investment trust investors issue legislation limited matter means ment necessary offer officers open-end operation organized outstanding paid percent period person portfolio possible practice preferred present problem profits proposed protection provision purchase question reason record registered regulation represent respect result rules SCHENKER securities Securities and Exchange sell Senator Hughes Senator WAGNER senior shareholders shares situation sold Standard statement stockholders thing underwriter United voting
Page 24 - Hearings may be public and may be held before the Commission, any member or members thereof, or any officer or officers of the Commission designated by it, and appropriate records thereof shall be kept.
Page 32 - ... (2) to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in...
Page 644 - director " means any director of a corporation or any person performing similar functions with respect to any organization, whether incorporated or unincorporated.
Page 109 - ... as to make it necessary or appropriate in the public interest or for the protection of investors or consumers that the applicant be subject to the obligations, duties, and liabilities imposed in this title upon subsidiary companies of holding companies.
Page 109 - Public-utility company" means an electric utility company or a gas utility company. (6) "Commission" means the Securities and Exchange Commission. (7) "Holding company" means— (A) any company which directly or indirectly owns, controls, or holds with power to vote...
Page 31 - ... (1) any person who within ten years has been convicted of any felony or misdemeanor involving the purchase or sale of any security or arising out of such person's conduct as an underwriter, broker, dealer, or investment adviser...
Page 25 - ... and any failure to obey such order of the court may be punished by such court as a contempt thereof. All process in any such case may be served in the judicial district whereof such person is an inhabitant or wherever he may be found.
Page 25 - Commissioner, 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...