Study of the Securities Industry, Part 6: Hearings Before the Subcommittee on Commerce and Finance of the Committee on Interstate and Foreign Commerce, House of Representatives, Ninety-Second Congress, Second Session, January 26-28, 1972 [open pdf - 449MB]
This is from the January 26-28, 1972 hearings on the "Study of the Securities Industry, Part 6" held before the Subcommittee on Commerce and Finance of the U.S. House Committee on Interstate and Foreign Commerce. From the opening statement of John E. Moss: "In our previous hearings we have considered the questions of broker-dealer capital; use of customers' money and securities; appropriate accounting procedures; clearance, settlement, and delivery of securities; and the philosophy of self-regulation and the securities industry. Beginning with today's hearing, and continuing into the spring, the subcommittee turns its attention to the marketplace itself. [...] Growing institutionalization of our securities markets and recent advances in communications technology, suggest that the Nation's securities markets may be in need of restructuring. The subcommittee's hearings will address themselves to this question." Statements, letters, and materials submitted for the record include those of the following: Donald E. Farrar, Donald M. Feuerstein, Richard N. Friedman, Madison H. Haythe, George A. Jensen, William McChesney Martin, Jr., George Reycraft, Morris A. Schapiro, and Richard A. Westcott.
Serial No. 92-37e
U.S. Government Publishing Office: http://www.gpo.gov/