...United States shall be so listed. (c) Any person who sells a security in violation of subsection (a) shall be liable to the person purchasing such security...or for damages if he no longer owns the security. I go now to page 7, line 16. Here, Mr. Chairman, we find a power left discretionary with the President,...

...consideration paid for such security with interest thereon, less the amount of any income received thereon upon tender of such security, or for damages, if he no longer owns the security. Section 13 of the Act provides, in part, that no action shall be maintained to enforce any liability...

...not know, and in the exercise of reasonable care could not have known, of such untruth or omission, shall be liable to the person purchasing such security...or for damages if he no longer owns the security. LIMITATION OF ACTIONS SEC. 13. No action shall be maintained to enforce any liability created under...

...not know, and in the exercise of reasonable care could not have known, of such untruth or omission, quired by manufacturers in that area: Provided, That...result in additional net cost to the Corporation. In (May 27, 1933, ch. 38, title I, § 12, 48 Stat. 84.) CROSS REFERENCES Information and documents to...

...not know, and in the exercise of reasonable care could not have known, of such untruth or omission, shall be liable to the person purchasing such security...or for damages if he no longer owns the security." "Sec. 24 [15 USC, § 77x]. Any person who willfully violates any of the provisions of this title, or...

...not know, and in the exercise of reasonable care could not have known, of such untruth or omission, shall be liable to the person purchasing such security...or for damages if he no longer owns the security." "Sec. 24 [15 USC, § 77x]. Any person who willfully violates any of the provisions of this title, or...

...have known, of such untruth or omission, shall be liable, subject to subsection (b) of this section, to the person purchasing such security from him, who...or for damages if he no longer owns the security, (b) Loss causation In an action described in subsection (a)(2) of this section. If the person who offered...

...recollection is that it is a very large proportion. Mr. REECE. That is sufficient. Commissioner PUKCELL. As to section 5, of course, in view of the tremendous...be construed to mean "sells" or "offers to sell." That is to say, section 2 (3) defines the word "sell" as meaning "sells" or "offers to sell." It seems...

...security in violation of section 5 shall be liable to the person purchasing such security from him for the consideration paid for such security with interest...or for damages if he no longer owns the security. "(2) Any person who sells a security (whether or not exempted by the provisions of section 3, other...

...refer to this contin1 Section 12. Any person who — (1) sells a security In violation of Section & shall be liable to the person purchasing such security...upon the tender of such security, or for damages If be no longer owns the security. gent liabiliy but also contain an untrue statement of the nonexistence...