"This is our answer to our pledge to make less onerous, less expensive and more practical the registration of securities," said Chairman Joseph Patrick Kennedy of the Securities & Exchange Commission one day last week, as he announced a simplified registration form for seasoned corporations. "We have tried this out with the most vociferous opponents of the Securities Act and with accountants. . . . They feel that there is nothing in it which is unreasonable and will advise their clients to go ahead."
Specifically drawn to obviate the need for filing the mountains...
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