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COUNCIL DRAFT 2 [i] (December 11, 1972)

handle is hein.ali/alifs0034 and id is 1 raw text is: THIS DRAFT IS PRIVATE AND CONFIDENTIAL - PUBLIC DISCLOSURE IS PROHIBITED* (Not to be sold, offered for sale, or otherwise published) THE AMERICAN LAW INSTITUTE FEDERAL SECURITIES CODE COUNCIL DRAFT NO. 2 Subjects Covered: PART II. PART VI. PART XIII. PART XIV. DEFINITiONS POSTREGISTRATIO1 PROVISIONS DECEPTIVE AND MANIPULATIVE ACTS CIVIL LIABILITY Submitted to The Committee on Federal Regulation of Securities, Section of Corporation, Banking and Business Law, American Bar Association, and the Consultants and Advisers for the Federal Securities Code Project for Discussion at a Meeting on January 19 and 20, 1973 and The Council of The American Law Institute for Discussion at Its Meeting on February 1, 2, and 3, 1973 December 11, 1972 The Executive Office The American Law Institute 4025 Chestnut Street Philadelphia, Pa. 19104 *This is a preliminary draft submitted on a private and confidential basis to a limited group for the sole pur- pose of study and criticism. It has not been promulgated or approved by the Council or the members of The American Law Institute. As an unpublished document intended for internal use, this draft should not be generally circulated or dis- tributed, nor should it be quoted from or cited or its substance disclosed in any public address or writing.

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