Trust Indentures: Hearings Before a Subcommittee of the Committee on Interstate and Foreign Commerce, House of Representatives, Seventy-fifth Congress, Third Session, on H.F. 10292, to Provide for the Regulation of the Sale of Certain Securities in Interstate and Foreign Commerce and Through the Mails, and Regulation of the Trust Indentures Under which the Same are Issued, and for Other Purposes. April 25, 1938 |
From inside the book
Results 6-10 of 19
Page 31
... capital markets into industry . I believe that one of the telegrams stated , and most of the others , that it would tend to be another handicap to the revival of business that we are all hoping for . Will you speak of that now or later ...
... capital markets into industry . I believe that one of the telegrams stated , and most of the others , that it would tend to be another handicap to the revival of business that we are all hoping for . Will you speak of that now or later ...
Page 32
... capital moving into industry and we would not , for a minute , approve this bill if we believed that its passage would interfere with a proper functioning of the capital markets or would not aid in the restoration of investors ...
... capital moving into industry and we would not , for a minute , approve this bill if we believed that its passage would interfere with a proper functioning of the capital markets or would not aid in the restoration of investors ...
Page 50
... capital resources and experience properly to undertake the responsibilities of being corporate trustee are banks of deposit , whether called banks or trust companies , and that it is the expectation that most corporate trustees under ...
... capital resources and experience properly to undertake the responsibilities of being corporate trustee are banks of deposit , whether called banks or trust companies , and that it is the expectation that most corporate trustees under ...
Page 52
... capital and surplus of such specified minimum amount as the Commission deems adequate , having due regard to the public interest and the interests of investors . And I call your attention to the preamble of this bill on which its ...
... capital and surplus of such specified minimum amount as the Commission deems adequate , having due regard to the public interest and the interests of investors . And I call your attention to the preamble of this bill on which its ...
Page 69
... capital markets . The bill is based largely on reports made to Congress by the Securi- ties and Exchange Commission , which Commission is charged with the duty of protecting the interests of the security holders . I entertain no doubt ...
... capital markets . The bill is based largely on reports made to Congress by the Securi- ties and Exchange Commission , which Commission is charged with the duty of protecting the interests of the security holders . I entertain no doubt ...
Common terms and phrases
act as trustee action AMBERG amendment American Bankers Association application bankruptcy Barkley bill bondholders bonds BOREN borrower BUTTENWIESER capital markets CARROLL REECE centum certificates of interest Chairman clause collateral Commissioner DOUGLAS committee conflicting interest Congress contain provisions contract corporate trustee creditor debentures disclosure 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 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 VIRGIL CHAPMAN voting securities
Popular passages
Page 14 - 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 3 - 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 11 - 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 12 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 3 - 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 13 - ... (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 2 - SECTION 5 (a) Unless a registration statement is in effect as to a security, it shall be unlawful for any person, directly or indirectly (1) to make use of any means or instruments of transportation or communication in interstate commerce or of the mails to...
Page 12 - 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.
Page 11 - ... (b) Subject to the provisions of the Federal Register Act and regulations prescribed under the authority thereof the rules and regulations of the Commission under this title shall be effective upon publication in the manner which the Commission shall prescribe, or upon such later date as may be provided in such rules and regulations.