§ 230.143. Definition of "has purchased", "sells for", "participates", and "participation", as used in section 2(11), in relation to certain transactions of foreign governments for war purposes.

141 words·~1 min read·/us/cfr/t17/s§ 230.143·

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The terms has purchased, sells for, participates, and participation, in section 2(11) (48 Stat. 74, 48 Stat. 905; 15 U.S.C. 77b), shall not be deemed to apply to any action of a foreign government in acquiring, for war purposes and by or in anticipation of the exercise of war powers, from any person subject to its jurisdiction securities of a person organized under the laws of the United States or any State or Territory, or in disposing of such securities with a view to their distribution by underwriters in the United States, notwithstanding the fact that the price to be paid to such foreign government upon the disposition of such securities by it may be measured by or may be in direct or indirect relation to such price as may be realized by the underwriters. \[6 FR 2052, Apr. 23, 1941\]

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to provide full and fair disclosure of the character of securities sold in interstate and foreign commerce and through the mails, and to prevent frauds in the sale thereof, and for other purposes”, approved May 27, 1933, as amended, is amended by adding at[48 Stat. 74](/us/stat/48/74). [15 U
Public Law 254

U.S. Code

Definitions; promotion of efficiency, competition, and capital formation
§ 77b

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48 Stat. 905

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§ 230.143

Definition of "has purchased", "sells for", "participates", and "participation", as used in section 2(11), in relation to certain transactions of foreign governments for war purposes.

Stat.Public Law 254

U.S.C.§ 77b

Stat.48 Stat. 905

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