...is not participating in the management or direction of, any affiliate formed for the purpose of, or engaged in, the Issue, flotation, underwriting, public...through syndicate participation of stocks, bonds, debentures, notes, or other securities of any sort, and that during the period that the permit remains...

...with any corporation, association, business trust, or other similar organization engaged principally in the issue, flotation, underwriting, public sale,...through syndicate participation of stocks, bonds, debentures, notes, or other securities. Violation of this section subjects the member bank to a penalty...

...1936. section 32 of the Banking Act of 1933, as amended, is amended to read as follows : " SEC. 32. No officer, director, or employee of any corporation...stocks, bonds, or other similar securities, shall serve at the same time as an officer, director, or employee of any member bank except in limited classes...

...to read as follows : " SEC. 32. No officer, director, or employee of any corporation or unincorpoled association, no partner or employee of any partnership,...stocks, bonds, or other similar securities, shall serve at the same time as an officer, director, or employee of any member bank except hi limited classes...

...January 1, 1936. section 32 of the Banking Act of 1933, as amended, is amended to read as follows : primarily engaged in the issue, flotation, underwriting,...stocks, bonds, or other similar securities, shall serve at the same time as an officer, director, or employee of any member bank except in limited classes...

...193«. section 32 of the Banking Act of 1933, as amended, is amended to read as follows : " SEC. 32. No officer, director, or employee of any corporation...or employee of any partnership, and no individual. 1 primarily engaged in the issue, flotation, underwriting, public sale, or distribution, at wholesale...

...associations pro- tion, business trust, or similar organization engaged principally in wwted. tjle jssue> flotation, underwriting, public sale, or distribution...through syndicate participation of stocks, bonds, debentures, notes or other securities. § 2. Section one hundred and ninety of such chapter is hereby...

...individual "primarily engaged in the issue, . flotation, underwriting, public sale, or distribution * * * of stocks, bonds, or other similar securities, shall...an officer director, or employee of any member bank * * *." '" Section 20 of the Act, read with Section 2 (b) (to which it refers) extends the prohibition...

...any corporation, association, business trust, or any other similar organization engaged principally In the issue, flotation, underwriting, public sale,...through syndicate participation of stocks, bonds, debentures, notes, or other securities.1 Do I understand that you take the position that the Bankers...

...violate the law.1 Section 32 of the Act prohibits, inter alia, any partner or employee of any partnership "primarily engaged in the issue, flotation, underwriting,...participation, of stocks, bonds, or other similar securities" from serving at the same time as an officer, director, or employee of a member bank.2 1 Section 30...