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" It permits the fulfillment of the statutory purpose of compelling full and fair disclosure relative to the issuance of "the many types of instruments that in our commercial world fall within the ordinary concept of a security." H. Rep. No. 85, 73d Cong.,... "
Federal Supervision and Failure of the Penn Square Bank, Oklahoma City, Okla ... - 419 ページ
United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee 著 - 1982 - 495 ページ
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United States Reports: Cases Adjudged in the Supreme Court, 第 328 巻

United States. Supreme Court - 1947 - 978 ページ
...within the ordinary concept of a security." H. Rep. No. 85, 73d Cong., 1st Sess., p. 11. It embodies a flexible rather than a static principle, one that...of the money of others on the promise of profits. The transactions in this case clearly involve investment contracts as so defined. The respondent companies...

United States Reports: Cases Adjudged in the Supreme Court at ..., 第 328 巻

United States. Supreme Court - 1947 - 978 ページ
...within the ordinary concept of a security." H. Rep. No. 85, 73d Cong., 1st Sess., p. 11. It embodies a flexible rather than a static principle, one that...of the money of others on the promise of profits. The transactions in this case clearly involve investment contracts as so defined. The respondent companies...

Study of the Securities Industry: Serial No. 92-37c

United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Commerce and Finance - 1971 - 560 ページ
...States Supreme Court has declared that the term, as used in the federal securities laws, "embodies a flexible rather than a static principle, one that...of the money of others on the promise of profits. " •* The same broad approach should enable the 5See Tcherepnin vs. Knight, 389 US 332, 338 (1967),...

Hearings, Reports and Prints of the House Committee on Interstate and ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1972 - 1656 ページ
...States Supreme Court has declared that the term, as used in the federal securities laws, "embodies a flexible rather than a static principle, one that...of the money of others on the promise of profits. ' The same broad approach should enable the 5See Tcherepnin vs. Knight, 389 US 332, 338 (1967), citing...

Commodity Futures Trading Commission Act: Hearings Before the Committee on ...

United States. Congress. Senate. Committee on Agriculture and Forestry - 1974 - 904 ページ
...however, this term is intentionally openended. The United States Supreme Court has stated : "It embodies a flexible rather than a static principle, one that is capable of adaption to meet the countless and variable schemes devised by those who seek to use the money of others...

Oversight on ERISA, 1978: Hearings Before the Subcommittee on Labor ...

United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor Standards - 1978 - 1340 ページ
...of the situation and concluded that the interests in employee benefit plans do not represent any of the countless and variable schemes devised by those who seek the use of others' money on the promise of profit* and, therefore, do not fall within the ordinary concept of...

Commodity Futures Trading Commission Oversight: Hearing Before a ...

United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee - 1982 - 1500 ページ
...securities laws are to be construed broadly, and that the definition of "security" in particular should be "capable of adaptation to meet the countless and variable...seek the use of the money of others on the promise of profits.""3 It is also supported by cases, notably from the Court of Appeals for the Ninth Circuit,...

Commodity Investment Fraud II: Hearings Before the Permanent Subcommittee on ...

United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations - 1984 - 280 ページ
...efforts from others. Since the underlying statutory purpose is remedial, the definition is designed to meet the countless and variable schemes devised...of the money of others on the promise of profits. The term investment contract is meant to be flexible rather than static, capable of counteracting the...

Securities Regulation: Liabilities and Remedies

Marc I. Steinberg - 1984 - 1220 ページ
...14 Id. 328 US at 298. 15 Id UU Id, 328 US at 299 (defining the term investment contract to encompass "a flexible rather than a static principle, one that...adaptation to meet the countless and variable schemes developed by those who seek the use of the money of others on the promise of profit"). "id. 328 US...

Commodity Investment Fraud II: Hearings Before the Permanent Subcommittee on ...

United States. Congress. Senate. Committee on Governmental Affairs. Permanent Subcommittee on Investigations - 1984 - 254 ページ
...the underlying statutory purpose the definition is designed to meet the countless and variable hose who seek the use of the money of others on the promise ' rn investment contract is meant to be flexible rather than counteracting the countless schemes calculated...




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