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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As an unpublished document intended for internal use,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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