...17(a), as set forth in 15 USC §77q(a), provides: "It shall be unlawful for any person in the offer or sale of any securities by the use of any means or...any omission to state a material fact necessary in order to 646 Opinion of the Court Exchange Act of 1934, 48 Stat. 891, 15 USC §78j(b),6 and SEC Rule...

...be unlawful for any person in the offer or sale of any securities ... in interstate commerce . . . directly or indirectly (1) to employ any device, scheme...material fact or any omission to state a material fact .... or (3) to engage in any transaction, practice or course of business which operates or would operate...

...commerce . . . directly or indirectly (1) to employ any device, scheme or artifice to defraud, or (2) 10 obtain money or property by means of any untrue statement...material fact or any omission to state a material fact .... or (3) to engage in any transaction, practice or course of business which operates or would operate...

...shall: (1) Employ any device, scheme, or arMlce to defraud; (2) Obtain money or property by "leans of any untrue statement of a material fact or any omission to state 1 material fact necessary in order to j^ke the statements made, in the u?ht of the circumstances under...

...that imposed by Section 12(2) of the federal Securities Act of 1933 for offering or selling securities by means of any untrue statement of a material fact or any material omission of such a fact. Liability here is imposed on what is basically an inverse negligence...

...offering and form of sales contract used in a registered offering], or "(2) offers or sells a security by means of any untrue statement of a material fact...any omission to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not...

...FRAUDULENT INTERSTATE TRANSACTIONS SEC. 17. [77q] (a) It shall be unlawful for any person in the offer or sale of any securities by the use of any means or...circumstances under which they were made, not misleading, or k (3) to engage in any transaction, practice, or course of busii ness which operates or would operate...

...the use of any means or instruments of transportation or communication in interstate commerce or by use of the mails, directly or indirectly — (1) to...any omission to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading;...

...communication in interstate commerce or by use of the mails, directly or indirectly — 71-377 2001-2 (1) to employ any device, scheme, or artifice to defraud,...any omission to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading;...

...artifice to defraud; 26.2. Obtain money or property by means of any untrue statement of a material fact of any omission to state a material fact necessary in...circumstances under which they were made, not misleading; or VOL. 97, No. 1 26.3. Engage in any act, transaction, practice or course of business which operates...