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For sale by the Superintendent of Documents, Washington, D. C.

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DEPOSITED BY THE UNITED STATES OF AMERICA

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C.

November 1940

JEROME N. FRANK, Chairman.

Took oath of office December 27, 1937, elected chairman May 18, 1939.

ROBERT E. HEALY, Commissioner.

Took oath of office July 2, 1934.

EDWARD C. EICHER,1 Commissioner.
Took oath of office December 3, 1938.

LEON HENDERSON,2 Commissioner.
Took oath of office May 18, 1939.

SUMNER T. PIKE,3 Commissioner.
Took oath of office June 4, 1940.

FRANCIS P. BRASSOR, Secretary.

Took oath of office August 24, 1934.

GEORGE C. MATHEWS.

Took oath of office July 2, 1934, and resigned April 15, 1940.

WILLIAM O. DOUGLAS.

Took oath of office February 3, 1936, and resigned April 16, 1939.

1 Commissioner Eicher took his oath of office on December 3, 1938, and participated in the consideration and disposition of those cases in this volume commencing with that date.

* Commissioner Henderson took his oath of office on May 18, 1939, and participated in the consideration and disposition of those cases in this volume commencing with that date.

• Commissioner Pike took his oath of office on June 4, 1940, and did not participate in the consideration or disposition of any of the cases in this volume.

• Commissioner Douglas resigned on April 16, 1939, and participated only in the consideration and disposition of those cases in this volume prior to his resignation date.

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