...fashion; (2) The Commission finds such waiver, subject to any suitable terms or conditions, necessary or appropriate in the public interest and consistent with the protection of beneficial owners and the purposes of the Act and, in its discretion, approves such application; and...

...Commission by order upon application permits the withdrawal of such notification of election as being appropriate in the public interest and consistent with the protection of investors. (c) Upon making the election described in paragraph (a) of this secton. an Investment company shall...

...rule or regulation thereunder, if and to the extent that such exemption fs necessary or appropriate to the public interest and consistent with the protection...investors and the purposes fairly intended by the policies and provisions of this title. Section 6 (c) was inserted in the act to take care of the exceptional...

...project to the students involved ; and, in view of other considerations appearing in the record, it is appropriate in the public interest and consistent...investors and the purposes fairly intended by the policies and provisions of the Investment Company Act of 1940 to grant the exemptive relief hereinafter...

...relatively higher operating costs and that in order to make due allowance therefor it is necessary or appropriate in the public interest and consistent with the protection of investors that a provision or provisions of paragraph (1), (2), or (3) of subsection (a) relative to sales load...

...position. If you will read section 6 (c) you will see that it sets forth a standard "to the extent that such exemption is necessary or appropriate in the...purposes fairly intended by the policy and provisions of this title." Now, there is a provision that there be a minimum capital of $100,000 in order to start...

...position. If you will read section 6 (c) you will see that it sets forth a standard "to the extent that such exemption is necessary or appropriate in the...purposes fairly intended by the policy and provisions of this title." Now, there is a provision that there be a minimum capital of $100,000 in order to start...

...coverages, 1 Sec. 0 (c) of the art authorizes the Commission to grant exemptions from the act where "stifh exemption is necessary or appropriate in the public...purposes fairly Intended by the policy and provisions of regulates the means of custody of assets, and prohibits transactions between such companies and their...

...coverages. 1 Sec. 6 (c) of the aet authorizes the Commission to grant exemptions from the act where "such exemption is necessary or appropriate in the...protection of investors and the purposes fairly intended bv the policy and provisions of this title." regulates the means of custody of assets, and prohibits...

...provision or provisions of this title or of any rule or regulation thereunder, if and to the extent that such exemption is necessary or appropriate in the...purposes fairly intended by the policy and provisions of this title." 65 HARLAN, J., dissenting. tracts are subject to the Federal Acts might require some modification...