Report, Volumen1U.S. Government Printing Office, 1963 |
Dentro del libro
Resultados 1-5 de 73
Página v
... mutual fund and real estate securities and also investment advisers , are not subject to the discipline of self - regulation . In addition , the present legislative scheme , in revolving around the firm as the regulated unit , provides ...
... mutual fund and real estate securities and also investment advisers , are not subject to the discipline of self - regulation . In addition , the present legislative scheme , in revolving around the firm as the regulated unit , provides ...
Página xii
... investment companies ( " mutual funds " ) which are covered neither by the recent industry study conducted by the ... fund portfolio transactions . Chapter XII deals with the self - regulatory pattern which is largely unique to the ...
... investment companies ( " mutual funds " ) which are covered neither by the recent industry study conducted by the ... fund portfolio transactions . Chapter XII deals with the self - regulatory pattern which is largely unique to the ...
Página xvii
... mutual fund investors . While the staff of the Special Study is responsible for the content of the report , it could never have completed its appointed task without the wholehearted cooperation of the regular staff of the Commission ...
... mutual fund investors . While the staff of the Special Study is responsible for the content of the report , it could never have completed its appointed task without the wholehearted cooperation of the regular staff of the Commission ...
Página 5
... mutual fund shares ; and record- keeping . When the resolution authorizing the study was being con- sidered by Congress , W. H. Claflin III , then chairman of the board of governors of the NASD testified : As we find problems that are ...
... mutual fund shares ; and record- keeping . When the resolution authorizing the study was being con- sidered by Congress , W. H. Claflin III , then chairman of the board of governors of the NASD testified : As we find problems that are ...
Página 14
... investment companies , or mutual funds , are sold only outside the exchanges ; these shares are generally redeemable at or near their net asset value and usually are offered continuously by the fund . Much of the trading in corporate ...
... investment companies , or mutual funds , are sold only outside the exchanges ; these shares are generally redeemable at or near their net asset value and usually are offered continuously by the fund . Much of the trading in corporate ...
Términos y frases comunes
accounts activities advertising advice advisory American Stock Exchange analysts application Bache & Co boiler rooms bonds branch manager branch offices broker broker-dealer firms brokerage bull market capital Commission compensation conduct controls corporate customers dealer discussed distribution Dunn Dunn Engineering employees examination Exchange Act release Exchange member exchange's experience Federal filed firm's free credit balances Growth Investment home office individual investigation investment advisers investors involved issuer issues limited registration market letters membership ment Merrill Lynch NASD offering price over-the-counter market partners percent period persons principals purchase qualifications questionnaire recommendations registered representatives regulation regulatory research department responsibility rules Securities Act securities business Securities Exchange Act securities industry securities markets self-regulatory selling practices shares Shearson sold Special Study specific staff standards study's supervision supervisors surety bond tion trading transactions underwriting Uniform Securities Act USAMCO violations York Stock Exchange
Pasajes populares
Página 302 - ... (1) to employ any device, scheme, or artifice to defraud, or (2) to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading, or (3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.
Página 4 - ... (6) the rules of the association provide for the equitable allocation of dues among its members, to defray reasonable expenses of administration; (7) the rules of the association are designed to prevent fraudulent and manipulative acts and practices, to promote just and equitable principles of trade, to provide safeguards against unreasonable profits or univasonable rules of commissions or other charges, and, in general, to protect investors and the public interest...
Página 407 - contractual commitments" shall include underwriting, when-issued, when-distributed and delayed delivery contracts, endorsement of puts and calls, commitments in foreign currencies, and spot (cash) commodities contracts, but shall not include uncleared regular way purchases and sales of securities and contracts in commodities futures; a series of contracts of purchase or sale of the same security conditioned, if at all, only upon issuance may be treated as an individual commitment.
Página 450 - The Commission is authorized and directed to make a study and investigation of the work, activities, personnel, and functions of protective and reorganization committees in connection with the reorganization, readjustment, rehabilitation, liquidation, or consolidation of persons and properties and to report the result of its studies and investigations and its recommendations to the...
Página 359 - Investment adviser" means any person who, for compensation, engages in the business of advising others, either directly or through publications or writings, as to the value of securities or as to the advisability of investing in, purchasing, or selling securities, or who, for compensation and as part of a regular business, issues or promulgates analyses or reports concerning securities...
Página 11 - National emergencies, which produce widespread unemployment and the dislocation of trade, transportation, and industry, and which burden interstate commerce and adversely affect the general welfare, are precipitated, intensified, and prolonged by manipulation and sudden and unreasonable fluctuations of security prices and by excessive speculation on such exchanges and markets, and to meet such emergencies the Federal Government is put to such great expense as to burden the national credit. DEFINITIONS...
Página 359 - ... is solely incidental to the practice of his profession ; (C) any broker or dealer whose performance of such services is solely incidental to the conduct of his business as a broker or dealer and who receives no special compensation therefor...
Página 690 - Every person who is directly or indirectly the beneficial owner of more than 10 per centum of any class of any equity security (other than an exempted security) which is registered on a national securities exchange, or who is a director or an officer of the issuer of such security...
Página 239 - In recommending to a customer the purchase, sale or exchange of any security, a member shall have reasonable grounds for believing that the recommendation is suitable for such customer upon the basis of the facts, if any, disclosed by such customer as to his other security holdings and as to his financial situation and needs.
Página 413 - ... identical form in the stockbroker's possession until the date of bankruptcy, or unless such property or any substitutes therefor or the proceeds thereof were, more than four months before bankruptcy or at a time while the stockbroker was solvent, allocated to or physically set aside for such customer, and remained so allocated or set aside at the date of bankruptcy.