International Bank for Reconstruction and Development Securities: Hearings Before the Committee on Interstate and Foreign Commerce, House of Representative, Eightieth Congress, Second Session, on H.R. 6443, a Bill to Amend the Securities Act of 1933, the Securities Exchange Act of 1934, and the National Bank Act. June 4 and 5, 1948
U.S. Government Printing Office, 1948 - Securities - 143 pages
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agency agreement amended American amount answer apply approval bank's BENNETT of Michigan bill BLACK bonds borrow capital CHAIRMAN Commerce Commission Commissioner committee companies concerned Congress consider consideration correct course deal dealers Development difficulty discussion dollars effect exemption fact Federal financing foreign funds give guaranteed HINSHAW House interest International Bank investment investors issued legislation lend letter limit loans Loss LUXFORD matter mean ment National Advisory Council National Bank objection obligations offer operations opinion particular percent position practical present problem proposed protection provisions purchase question raise reason reference registration regulations Reserve respect rule Securities Act Securities and Exchange Securities Exchange Act securities issued sell sold statement statute thing tion understand underwriter United States Government World Bank
Page 121 - System, notwithstanding that such rule or regulation may, after such act or omission, be amended or rescinded or be determined by judicial or other authority to be invalid for any reason.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 56 - Whenever, under the Articles of Agreement of the Fund or the Articles of Agreement of the Bank, the approval, consent or agreement of the United States is required before an act may be done by the respective institutions, the decision as to whether such approval, consent, or agreement, shall be given or refused shall (to the extent such decision is not prohibited by section 5 of this Act) be made by the Council, under the general direction of the President.
Page 41 - The Secretary of the Treasury, in his discretion, is authorized to purchase any obligations of the Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter issued under the Second Liberty Bond Act, as amended...