Trust Indentures. Hearings Before a Subcommittee ... on H.R. 10292 ... April 25, 1938 |
From inside the book
Results 1-5 of 23
Page 13
... things , the Commission shall have authority , for the purposes of this Act , to prescribe the form or forms in which information required in any statement , application , report , or other document filed with the Commission shall be ...
... things , the Commission shall have authority , for the purposes of this Act , to prescribe the form or forms in which information required in any statement , application , report , or other document filed with the Commission shall be ...
Page 27
... thing ? Commissioner DOUGLAS . No ; not since the passage of the banking act , when the underwriting of securities ... things , designed to see to it that in these issues of national importance the trustee is a responsible institution ...
... thing ? Commissioner DOUGLAS . No ; not since the passage of the banking act , when the underwriting of securities ... things , designed to see to it that in these issues of national importance the trustee is a responsible institution ...
Page 31
... thing into a legislative straitjacket , but by setting up minimum standards so that security holders will know that they are dealing with a real trustee ; so that the security holders will be protected against the dilution of the ...
... thing into a legislative straitjacket , but by setting up minimum standards so that security holders will know that they are dealing with a real trustee ; so that the security holders will be protected against the dilution of the ...
Page 33
... thing , not only for the pur- chasers of such policies , but for the insurance companies themselves . This situation provides a close analogy . Here we are concerned not with the protection of insurance buyers , but with the protection ...
... thing , not only for the pur- chasers of such policies , but for the insurance companies themselves . This situation provides a close analogy . Here we are concerned not with the protection of insurance buyers , but with the protection ...
Page 40
... things , such as substitution of securities , by and large , that safely could be handled only by requirements that independent auditors or independent engineers make their appraisal or their audit , and submit a certificate to the ...
... things , such as substitution of securities , by and large , that safely could be handled only by requirements that independent auditors or independent engineers make their appraisal or their audit , and submit a certificate to the ...
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.