...carried throneh the malls or In Interstate commerce, by any menus or Instruments of trans[K>rtation, any such security for the purpose of sale or for delivery after sale. It Is undisputed that In the sale of these securities the respondent used the malli or other meana...

...requirements of section 10. (2) To carry or cause to be carried in interstate commerce or through the mails any such security for the purpose of sale or for delivery after sale, unless accompanied or preceded by a prospectus that meets the requirements of section 10. Special powers...

...THE MAII« "SEC. 5. (a) Unless a registration statement is in effect as to a security, it shall be unlawful for any person, directly or indirectly —...for the purpose of sale or for delivery after sale, t "(b) It shall be unlawful for any person, directly/or indirectly — "(1) to make use of any means...

...would impose an undue burden on the issuer, having due regard to the public interest and the interests of investors. PROHIBITIONS RELATING TO INTERSTATE...Notwithstanding the provisions of the Securities Act of 1933, on and after January 3, 1938, no registration statement relating to a security which is subject to...

...interest and the interests of investors. PROHIBITIONS RELATING TO INTERSTATE COMMERCE AND THE MAILS SBC. 4. (a) Subject to the provisions of section 3, unless...Notwithstanding the provisions of the Securities Act of 1933, [on and after January 3, 1938] subsequent to six months after the enactment of this Act, no registration...

...delivery after sale. "(2) to carry or to cause to be carried through the mails or in interstate commerce any such security for the purpose of sale or for delivery after sale, unless accompanied or preceded by a written statement that meets the requirements of subsection (c)...

...instruments of transportation or communication in interstate commerce or of the malls to sell or offer to buy such security through the use or medium of any prospectus...for the purpose of sale or for delivery after sale. 'Henry Friedlander, 2 SEC 631 (1937) ; Guaranty Underwriters, Inc., 14 SEC 271 I»«). fully violated...

...communication in interstate commerce or of the mails to sell or offer to buy such security through the us* or medium of any prospectus or otherwise: or "(2)...for the purpose of sale or for delivery after sale." Sections 3 and 4 provide for exemptions from Section 5 for certain types of securities and transactions....

...or medium of any prospectus or otherwise ; or "(2) to carry or cause to be carried through the malls or In Interstate commerce, by any means or instruments...for the purpose of sale or for delivery after sale." Section 4(1) provides that the provisions of Section 5 shall not apply to "transactions by •oj- person...

...or medium of any prospectus or otherwise ; or (2) to carry or cause to be carried through the malls or In Interstate commerce, by any means or Instruments...for the purpose of sale or for delivery after sale. shares or 9 percent; Schulte owned 54,510 shares or 22 percent directly ; the 1924 Corporation, controlled...