Fed. Sec. L. Rep. P 95,614 the Exchange National Bank of Chicago v. Touche Ross & Co.

U.S. Court of Appeals, Second Circuit · Decided 1976-06-09

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FRIENDLY, Circuit Judge: This appeal raises the vexing question how far instruments bearing the form'of promissory notes are securities within the anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The Facts and the Proceedings in the District Court This action by The Exc…

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