United States v. Robertson

HERLANDS, District Judge.

Novel questions involving the interpretation of the following two penal provisions of the Securities Act of 1933 [15 U.S.C.A. § 77e(a) (1) and § 77q(a) (1)] are raised by defendants’ motion to dis miss various counts of a twenty-count indictment:

Section 77e(a) (1)

“(a) Unless a registration statement is in effect as to a security, it shall be unlawful for any person, directly or indirectly — ■

“(1) to make use of. any means or instruments of transportation or communication in interstate commerce or of the mails to sell * * * such security through the use or medium of…