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action additional Administration advertising agency amended amount appropriate Association authority banks believe bill billion Board branch Chairman COHEN coins Commission committee concerned Congress cost court deal Department developer disclosure effective established exemption existing fact Federal Reserve filing financing funds give going Government hearing housing increase industry institutions interest investment involved issue land land sales legislation limit loans lots marks material matter means ment Michigan mint mortgage offering operations percent period permit person present problem proposed prospectus protection purchaser question real estate reason recommend record regulations rules savings securities sell Senator BENNETT Senator PROXMIRE Senator WILLIAMS situation statement statute subcommittee subdivision suggested tion United Washington
Page 30 - 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 43 - ... for the speculative carrying of or trading in securities, real estate, or commodities, or for any other purpose inconsistent with the maintenance of sound credit conditions...
Page 278 - In case any part of the registration statement, when such part became effective, contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein not misleading...
Page 36 - Judgments and decrees so rendered shall be subject to review as provided in sections 128 and 240 of the Judicial Code, as amended (USC, title 28, sees. 225 and 347) . No costs shall be assessed for or against the Commission in any proceeding under this title brought by or against it in the Supreme Court or such other courts.
Page 38 - System, extend to each member bank such discounts, advancements, and accommodations as may be safely and reasonably made with due regard for the claims and demands of other member banks, the maintenance of sound credit conditions, and the accommodation of commerce, industry, and agriculture.
Page 21 - Within the limits of the city, town, or village in which said association is situated, if such establishment and operation are at the time expressly authorized to State banks by the law of the State in question ; and (2) at any point within the State in which said association is situated, if such establishment and operation are at the time authorized to State banks by the statute law of the State in question by language specifically granting such authority affirmatively and not merely by implication...