77-1342

UNITED STATES COURT OF APPEALS
FOR THE SECOND CIRCUIT

UNITED STATES OF AMERICA,

Appellant,

V.

DOUGLAS P. FIELDS, et al.,

Defendants-Appellees.

On Appeal from the United States District Court
for the Southern District of New York

MEMORANDUM OF THE SECURITIES AND EXCHANGE COMMISSION, AMICUS CURIAE

Securities and Exchange Commission v. National Student Marketing Corp., 538 F.2d 404 (C.A. D.C., 1976), certiorari denied sub nom. White and Case v. Securities and Exchange Commission, 429 U.S. 1073 (1977)...

10

Securities and Exchange Commission v. TDA Industries,
Inc., et al., (S.D. N.Y., No. 75 Civ. 4519 (LMP)).

2

Securities and Exchange Commission v. Texas Gulf Sulphur Co., 446 F.2d 1301 (C.A. 2), certiorari denied, 404 U.S.1005 (1971)..

Statutes and Rules:

Investment Advisers Act of 1940, 15 U.S.C. 80b-1, et seq.:

Section 209(a), 15 U.S.C. 80b-9(a)....

Section 209(b), 15 U.S.C. 80b-9(b)...

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69667

Statutes and Rules (continued):

Investment Company Act of 1940, 15 U.S.C. 80a-1, et seq.:

Section 42(a), 15 U.S.C. 80a-41(a).

Securities Exchange Act of 1934, 15 U.S.C. 78a, et seq.:

Section 10(b), 15 U.S.c. 78j(b)...

Section 13(a), 15 U.S.C. 78m(a).
Section 14(a), 15 U.S.C. 78n(a)
Section 21, 15 U.S.C. 78u....
Section 21(a), 15 U.S.C. 78u(a)
Section 21(b), 15 U.S.C. 78u(b).
Section 21(c), 15 U.S.C. 78u(c).
Section 21(d), 15 U.S.c. 78u(d).

Section 21(e), 15 U.S.C. 78u(e).

Section 32, 15 U.S.C. 78ff.

Page

6666

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66667

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3

6

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6,12

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7

3

3

3

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Trust Indenture Act of 1939, 15 U.S.C. 77aaa, et seg.:
Section 321(a), 15 U.S.C. 77uuu(a)..

Section 325, 15 U.S.C. 77yyy......

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Crimes and Criminal Procedure, 18 U.S.C. 1, et seq.:

Statutes and Rules (continued):

Judiciary and Judicial Procedure, 28 U.S.C. 1, et seq.:

28 U.S.C. 503...

28 U.S.C. 516(a).

28 U.S.C. 519....

Rules Under the Securities Exchange Act:

Rule 10b-5, 17 CFR 240.10b-5...
Rule 14a-3, 17 CFR 240.14a-9....
Rule 14a-9, 17 CFR 240.14a-9....

Securities and Exchange Commission Rules
Relating to Organizations; Conduct and
Ethics; and Information and Reports:
17 CFR 200.19b....

17 CFR 200.21.............

Securities and Exchange Commission Rules

Relating to Informal and Other Procedures: 17 CFR 202.5(a).

17 CFR 202.5(b)

Miscellaneous:

Securities and Exchange Commission Manual

of Administrative Regulations, Section 171.....

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H.R. Rep. No. 95-640, 95th Cong., 1st Sess. (Sept. 28, 1977)....

8

S. Rep. No. 792, 73d Cong., 2d Sess. (1934)...

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iii