State v. Nagel

HERTZ, Circuit Judge.

Appellant appeals from his conviction of the following crimes:

I.Conspiracy with Donald Samuelson to willfully and unlawfully engage in a practice and course of business in the sale and purchase of securities which worked and tended to work a fraud upon the stockholders of Dakota National Life Insurance Company and others during the months of September and October, 1977 (violation of SDCL 47 — 31— 128);

II.Selling an unregistered security allegedly committed on October 18, 1977 (violation of SDCL 47-31-9);

III.Acting as a securities agent without registration allegedly…