Trust Indentures. Hearings Before a Subcommittee ... on H.R. 10292 ... April 25, 1938 |
From inside the book
Results 1-5 of 22
Page 4
... proposed to be issued under an indenture under which , at the time such application is filed , securities referred to in paragraph ( 3 ) of subsection ( a ) of this section are outstanding , if and to the extent that the Com- mission ...
... proposed to be issued under an indenture under which , at the time such application is filed , securities referred to in paragraph ( 3 ) of subsection ( a ) of this section are outstanding , if and to the extent that the Com- mission ...
Page 22
... proposed measure will dovetail in with the jurisdiction that the Securities and Exchange Commission posses- ses now under the Securities Act and to what extent it adds to its jurisdiction . Commissioner DOUGLAS . By and large , Mr ...
... proposed measure will dovetail in with the jurisdiction that the Securities and Exchange Commission posses- ses now under the Securities Act and to what extent it adds to its jurisdiction . Commissioner DOUGLAS . By and large , Mr ...
Page 23
... proposed to issue the bonds . Mechanically , we have under this statute the same 20 - day period that we have under the Securities Act . This is designed to provide the staff of the Commission with ample time to make an examination of ...
... proposed to issue the bonds . Mechanically , we have under this statute the same 20 - day period that we have under the Securities Act . This is designed to provide the staff of the Commission with ample time to make an examination of ...
Page 32
... proposed bond issue . As I think I have already said , at the present time the Com- mission must examine such trust indentures in order to determine whether there has been a full disclosure of their terms in the regis- tration and ...
... proposed bond issue . As I think I have already said , at the present time the Com- mission must examine such trust indentures in order to determine whether there has been a full disclosure of their terms in the regis- tration and ...
Page 34
... proposed legislation . There are several methods he could employ . First , he could attempt to standardize everything- " Thou shalt not , " or " Thou shalt , " so to speak - and put it right in the statute . We think that would be a bad ...
... proposed legislation . There are several methods he could employ . First , he could attempt to standardize everything- " Thou shalt not , " or " Thou shalt , " so to speak - and put it right in the statute . We think that would be a bad ...
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.