[Code of Federal Regulations]
[Title 17, Volume 2]
[Revised as of April 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR230.143]

[Page 483]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER II--SECURITIES AND EXCHANGE COMMISSION
 
PART 230--GENERAL RULES AND REGULATIONS, SECURITIES ACT OF 1933--Table of Contents
 
Sec. 230.143  Definition of ``has purchased'', ``sells for'', ``participates'', and ``participation'', as used in section 2(11), in relation to certain 
          transactions of foreign governments for war purposes.

    The terms has purchased, sells for, participates, and participation, 
in section 2(11) (48 Stat. 74, 48 Stat. 905; 15 U.S.C. 77b), shall not 
be deemed to apply to any action of a foreign government in acquiring, 
for war purposes and by or in anticipation of the exercise of war 
powers, from any person subject to its jurisdiction securities of a 
person organized under the laws of the United States or any State or 
Territory, or in disposing of such securities with a view to their 
distribution by underwriters in the United States, notwithstanding the 
fact that the price to be paid to such foreign government upon the 
disposition of such securities by it may be measured by or may be in 
direct or indirect relation to such price as may be realized by the 
underwriters.

[6 FR 2052, Apr. 23, 1941]