Trust Indentures. Hearings Before a Subcommittee ... on H.R. 10292 ... April 25, 1938 |
From inside the book
Results 1-5 of 37
Page 1
... Banking and Currency . ( The bill , H. R. 10292 , is as follows :) [ H. R. 10292 , 75th Cong . , 3d sess . ] A BILL To provide for the regulation of the sale of certain securities in interstate and foreign commerce and through the mails ...
... Banking and Currency . ( The bill , H. R. 10292 , is as follows :) [ H. R. 10292 , 75th Cong . , 3d sess . ] A BILL To provide for the regulation of the sale of certain securities in interstate and foreign commerce and through the mails ...
Page 16
... Bankers ' Association , came into my office and said that he had heard that some legislation was being worked upon and asked whether it would be possible to collaborate in that endeavor . I assured him , on behalf of the Commission ...
... Bankers ' Association , came into my office and said that he had heard that some legislation was being worked upon and asked whether it would be possible to collaborate in that endeavor . I assured him , on behalf of the Commission ...
Page 17
... Bankers ' Association , yet I know that for the most part the bill has the approval of the great majority of trust institutions in the country , especially those located in cities west of the Mississippi River . Most trust men who have ...
... Bankers ' Association , yet I know that for the most part the bill has the approval of the great majority of trust institutions in the country , especially those located in cities west of the Mississippi River . Most trust men who have ...
Page 18
... Bankers ' Association , but also by an informal committee of the executives of 17 New York City banks . I understand ... Banking and Currency ? Commissioner DOUGLAS . I have had it checked very carefully , Mr. Chairman , and it is ...
... Bankers ' Association , but also by an informal committee of the executives of 17 New York City banks . I understand ... Banking and Currency ? Commissioner DOUGLAS . I have had it checked very carefully , Mr. Chairman , and it is ...
Page 21
... bankers now have practically complete control over bondholders ' lists . ( See pt . I , pp . 436-446 . ) The ... banker - management domination of the reorganization process . Section 7 ( f ) of the bill , even standing alone , would do ...
... bankers now have practically complete control over bondholders ' lists . ( See pt . I , pp . 436-446 . ) The ... banker - management domination of the reorganization process . Section 7 ( f ) of the bill , even standing alone , would do ...
Common terms and phrases
act as trustee action AMBERG amendment American Bankers Association application bankruptcy Barkley bill bondholders bonds BOREN borrower capital markets centum certificates of interest Chairman clause collateral Commissioner DOUGLAS committee conflicting interest Congress contain provisions contract corporate trustee creditor debentures disclosure due regard duties effect EICHER enforcement Exchange Commission exempted Federal Reserve System filed HAUSSERMANN HELFFRICH inden indenture security holders indenture trustee interest of investors interest or participation investment banker issuer legislation liability mortgage negative pledge negligence NORTHERN TRUST Co obligation obligor paragraph person practical proposed prospective trustee protection of investors public interest pursuant qualified shall contain RALPH CRANE reason registration statement release and substitution respect rules and regulations Securities Act Securities and Exchange securities issued Senate situation standards statute thereof thereunder tion trust indentures trust institutions Trustees Under Indentures ture underwriter voting securities
Popular passages
Page 17 - If any provision of this Act or the application of such provision to any person or circumstance shall be held invalid, the remainder of the Act and the application of such provision to persons or circumstances other than those as to which it is held invalid shall not be affected thereby.
Page 6 - If it appears to the Commission at any time that the registration statement includes any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein not misleading...
Page 14 - System, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.
Page 6 - The Information contained In or filed with any registration statement shall be made available to the public under such regulations as the Commission may prescribe...
Page 15 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 3 - underwriter" means any person who has purchased from an issuer with a view to, or offers or sells for an issuer in connection with, the distribution of any security, or participates or has a direct or indirect participation in any such undertaking, or participates or has a participation in the direct or indirect underwriting of any such undertaking...
Page 6 - ... shall not be deemed to have taken place unless it is accompanied by a United States postal money order or a certified bank check or cash for the amount of the fee required under subsection (b).
Page 16 - ... (b) The rights and remedies provided by this Act shall be in addition to any and all other rights and remedies that may exist under the Securities Act of 1933, or the Securities Exchange Act of 1934, or the Public Utility Holding Company Act of 1935...
Page 5 - ... (2) to carry or cause to be carried through the mails or in interstate commerce, by any means or instruments of transportation, any such security for the purpose of sale or for delivery after sale.
Page 15 - Commission deems relevant or material to the inquiry. Such attendance of witnesses and the production of any such records may be required from any place in the United States or any State at any designated place of hearing.