페이지 이미지
PDF
ePub

Unitra čtates, ingresat

Cornnittee in Interstat
Comincrcc. subiommittee on Corusumer Protection and finanica

and terrace

[blocks in formation]

H.R. 15205, H.R. 10523, H.R. 10530, H.R. 10606,

and H.R. 11534

BILLS TO AMEND THE SECURITIES EXCHANGE ACT OF
1934 TO REQUIRE THE PREPARATION OF ANNUAL REPORTS
AND DISTRIBUTION STATEMENTS BY ISSUERS OF
MUNICIPAL SECURITIES, AND FOR OTHER PURPOSES

AUGUST 31, 1976

Serial No. 94-144

Printed for the use of the
Committee on Interstate and Foreign Commerce

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 1977

81-205 0

COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE

HARLEY 0. STAGGERS, West Virginia, Chairman JOHN E. MOSS, California

SAMUEL L. DEVINE, Ohio JOHN D. DINGELL, Michigan

JAMES T. BROYHILL, North Carolina PAUL G. ROGERS, Florida

TIM LEE CARTER, Kentucky LIONEL VAN DEERLIN, California

CLARENCE J. BROWN, Ohio FRED B. ROONEY, Pennsylvania

JOE SKUBITZ, Kansas JOHN M. MURPHY, New York

JAMES M. COLLINS, Texas DAVID E. SATTERFIELD III, Virginia LOUIS FREY, JR., Florida BROCK ADAMS, Washington

JOHX Y. MCCOLLISTER, Nebraska W. S. (BILL) STUCKEY, JR., Georgia NORMAN F. LENT, New York BOB ECKHARDT, Texas

H. JOHN HEINZ III, Pennsylvania RICHARDSON, PREYER, North Carolina EDWARD R. MADIGAN, Illinois JAMES W. SYMINGTON, Missouri

CARLOS R. MOORHEAD, California CHARLES J. CARNEY, Ohio

MATTHEW J. RINALDO, New Jersey RALPH H. METCALFE, Illinois

W. HENSON MOORE, Louisiana
GOODLOE E. BYRON, Maryland
JAMES H. SCHEUER, New York
RICHARD L. OTTINGER, New York
HENRY A. WAXMAN, California
ROBERT (BOB) KRUEGER, Texas
TIMOTHY E. WIRTH, Colorado
PHILIP R. SHARP, Indiana
WILLIAM M. BRODHEAD, Michigan
JAMES J. FLORIO, New Jersey
ANTHOVY TOBY MOFFETT, Connecticut
JIM SANTINI, Nevada
ANDREW MAGUIRE, New Jersey
MARTIN A. RUSSO, Illinois

W. E. WILLIAMSON, Clerk
KENNETH J. PAINTER, A88istant Clerk

Professional Staff

CHARLES B. CURTIS
LEE S. HYDE
ELIZABETH HARRISON
JEFFREY H. SCHWARTZ

WILLIAM P. ADAMS
ROBERT R. NORDHAUS
BRIAN R. MOIR
KAREN NELSON

MARGOT DINNEEN
NANCY A. NORD, Minority Staff Assistant

SUBCOMMITTEE ON CONSUMER PROTECTION AND FINANCE

JOHN M. MURPHY, New York, Chairman W. S. (BILL) STUCKEY, JR., Georgia JOHN Y. McCOLLISTER, Nebraska BOB ECKHARDT, Texas

MATTHEW J. RINALDO, New Jersey RALPH METCALFE, Nlinois

SAMUEL L. DEVINE, Ohio WILLIAM M. BRODHEAD, Michigan

(ex officio)
JAMES H. SCHEUER, New York
HARLEY 0. STAGGERS, West Virginia
(ex officio)

SIEGMUND W. SMITH, Staff Administrator
FRANZ FREDERICK OPPER, Counsel

(II)

[blocks in formation]
[ocr errors][ocr errors]

Text of-

Page

H.R. 10523

13

H.R. 10530

14

H.R. 10006

16

H.R. 11534

16

H.R. 15205

4

Statement of-

Blum, Andre, member, Committee on Governmental Debt Adminis-

tration, Municipal Finance Officers Association ----

47

Boyles, Harlan E., member, Committee on Governmental Debt Admin-

istration, Municipal Finance Officers Association.

47, 50

Gerard, Hon. Robert A., Assistant Secretary Capital Markets and Debt

Management, Department of the Treasury..

29

Harkins, Peter, executive director, Dealer Bank Association ---

39

Keernan, Peter, Legislative Liaison Officer, Securities and Exchange

Commission

19

Kezer, Richard F., president, Dealer Bank Association --

39

Loomis, Hon. Philip A., Jr., Commissioner, Securities and Exchange

Commission

19

Petersen, John E., economist/principal investigator, MFOA/NSF

Credit Quality Project, Municipal Finance Officers Association --- 47, 51

Rathbun, Henry, counsel, Dealer Bank Association-----

39

Vinyard, Walter D., Jr., counsel, American Insurance Association --- 86

Additional material submitted for the record by-

Dealer Bank Association, Henry T. Rathbun, counsel, letter dated Sep-

tember 9, 1976, to Chairman Murphy with attached draft statutory

language for H.R. 15205, page 8, lines 20 et seq.

45

East Brunswick Township, N.J., William F. Fox, mayor, statement. 102

Municipal Finance Oficers Association :

Analysis, regulation of the municipal securities market and its

relationship to the governmental issuer --

73

Disclosure guidelines for offerings of securities by State and lo-

cal governments

Status report by John Petersen, principal investigator-----

79

Peat, Marwick, Mitchell & Co.'s State and local government special-

ized industries department, Harold I. Steinberg, partner-in-charge

statement

104

Price Waterhouse & Co., letter dated September 3, 1976, to Chairman

Murphy

108

San Diego, county of, Roger F. Honberger, Washington representa-
tive, letter dated August 27, 1976 to Chairman Murphy

107

Securities Industry Association, Wallace (). Sellers, chairman, Public

Finance Council, statement.--

101

(III)

nr77

ni

« 이전계속 »