...person. •Rule X-17A-8, as pertinent to registrant, requires every registered broker or dealer, and every broker or dealer who transacts a business in securities through the medium of a member of a national securities exchange, to make and keep current certain books and records relating...

...to read : SEC. 7. It shall be unlawful for any member of a national securities exchange or for any broker or dealer who transacts a business in securities through the medium of any such member, directly or indirectly, to secure the repayment of any money borrowed by the pledge or hypothecation...

...national ss'curiiics exchange or And this is important language, gentlemen of the committee— any person who transacts a business in securities through the medium of any such member, directly, or indirectly— That language was not intended to catch banks. And I do not believe it does...

...provides that — It Khali be unlawful for any member of a national securities exchange or any i>erson who transacts a business In securities through the medium of any such memlK-r — That is the same language and would be subject to the same change. directly or Indirectly,...

...or expense. ACCOUNTS AND RECORDS, KM'OKIS. EXAMINATIONS OF EXCHANGES. MEMDEKS, AND OTHERS SEC. 16. Every national securities exchange, every member thereof,...transacts a business in securities through the medium of such member, every broker or dealer making or creating a market for botli the purchase and sale of...

...or expense. ACCOUNTS AND RECORDS. REPORTS, EXAMINATIONS OF EXCHANGES. MEMBERS, AND OTHERS SEC. 10. Every national securities exchange, every member thereof,...transacts a business in securities through the medium of such member, every broker or dealer making or creating a market for both the purchase and sale of securities...

...provisions of this subsection, it shall be lawful for any member of a national securities exchange or any broker or dealer who transacts a business in securities through the medium of a member to extend credit to a customer on a security registered upon a national securities exchange,...

...the Act, it is in the public interest to revoke his registration.1 'Section 17 (a) provides: . . . every broker or dealer registered pursuant to section...preserve for such periods, such accounts, correspondence, memoranda, papers, books, and other records, and make such reports, as the Commission by Its rules...

...the Act, it is in the public interest to revoke his registration.1 1 Section 17 (a) provides : . . . every broker or dealer registered pursuant to Section...preserve for such periods, such accounts, correspondence, memoranda, papers, books, and other records, and make such reports, as the Commission by Its rules...

...in the public interest to revoke the company's registration. 1 Section 17 (a) of the Act provides : "Every . . . broker or dealer registered pursuant...preserve for such periods, such accounts, correspondence, memoranda, papers, hooks, and other records, and make such reports, as the Commission by Its rules...