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COUNCIL DRAFT 1 [i] (February 1972)

handle is hein.ali/alifs0033 and id is 1 raw text is: THIS DRAFT 1S PRIVATE AND CONFIDENTIAL -
PUBLIC DISCLOSURE IS PROHIBITED*
(Not to be sold, offored for sale, or otherwise published)
'TliE AMERICAN LAW INSTITUTE

FEDERAL SECURITIES CODE

COUNCIL DRAFT NO. 1

Subjects Covered:

PART  II.
PART III.
PART  IV.

DEFINITIONS
EXEMPT IONS
ISSUER REGISTRATION

PART   V.   DISTRIBUTIONS

PART VI.

Submitted

POSTREGISTRATION PROVISIONS

to the Council of The American Law Institute
for Discussion at its Meeting
on March 15, 16, 17, and 18, 1972

The Executive Office
The American Law Institute
4025 Chestnut Stcreet
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 thu 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As an unpublished document intended for internal use,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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