...the same date, amounted to $902,746 and which had not been allocated to specific Investments. gaged or proposes to engage "in the business of investing,...reinvesting, owning, holding or trading in securities." Testimony was introduced to show that the extent of its corporate activity is presently limited to...

...872, 434, 261 PART IX ADMINISTRATION OF THE INVESTMENT COMPANY ACT OF 1940 Companies primarily engaged in the business of investing, reinvesting, owning, holding, or trading in securities are subject to registration and regulation under the Investment Company Act of 1910. This Act, among...

...of businesses." * Section 3 (a) (3) defines an investment company to Include any Issuer which "(3) Is engaged or proposes to engage in the business of...securities, and owns or proposes to acquire Investment that it is primarily engaged through a controlled company in a business other than that of investing,...

...contained in Section 3 (a) (3) of the Act, which defines an investment company to include any issuer which is engaged or proposes to engage in the business of...trading in securities, and owns or proposes to acquire in26 SEC— ICA— 1084 vestment securities having a value exceeding 40 per centum of the value of...

...installment type, or has been engaged In such busineu and has any such certificate outstanding; or (8) Is engaged or proposes to engage in the business...investing, reinvesting, owning, holding, or trading In leeurities, and owns or proposes to acquire Investment securities having • value exceeding 40 per...

...revocation should Consolidated subsequently become engaged or hold itself out as being engaged primarily in the business of investing, reinvesting, owning, holding or trading in securities. Our order will further provide that Consolidated hereafter file with this Commission copies of all...

.....->•">"•• gaged or proposes to encage in the business of investing, reinvesting, owning, holdinr or trading in securities, and owns or proposes to acquire investment securities harlot a value exceeding 40 per centum of the value of such issuer's total assets (exclusive oi Government...

...investment fund, there is nothing in the record to indicate that the applicant was or has been engaged in the business of investing, reinvesting, owning, holding or trading in securities. Applicant accounts for the maintenance of this large invested surplus on the ground that its directors...

...respect to that definition an investment company is a company or an issuer which is engaged primarily in the business of investing, reinvesting, owning, holding, or trading in securities. In order to eliminate any doubt that the face-amount-certificate companies are within the category...

...installment type, or has been engaged in such business and has any such certificate outstanding; or (3) refor approved by the valus exceeding 40 per centum of the value of such issuer's total assets (exclusive of Government securities...