MARKETS

HEARINGS

BEFORE A

SUBCOMMITTEE OF THE

COMMITTEE ON

INTERSTATE AND FOREIGN COMMERCE

UL. ConquecHOUSE OF REPRESENTATIVES

SEVENTY-FIFTH CONGRESS

THIRD SESSION

ON

S. 3255, H. R. 9634

BILLS TO PROVIDE FOR THE ESTABLISHMENT OF A
MECHANISM OF REGULATION AMONG OVER-THE-COUNTER
BROKERS AND DEALERS OPERATING IN

INTERSTATE

AND FOREIGN COMMERCE OR THROUGH THE MAILS,
COMPARABLE TO THAT PROVIDED BY NATIONAL SECURI-
TIES EXCHANGES UNDER THE SECURITIES EXCHANGE
ACT OF 1934, AND FOR OTHER PURPOSES

61307

APRIL 11, 1938

Printed for the use of the

Committee on Interstate and Foreign Commerce

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1938

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