v3357-581

IN THE UNITED STATES COURT OP APPEALS

FOR THE NINTH CIRCUIT

No. 20,158

ESTELLE LATTA,

Appellant,

SECURITIES AND EXCHANGE COMMISSION,

Appellee.

Appeal from the United States District Court

for the Northern District of California

BRIEF FOR APPELLEE

FILED

SEP 28 1965

Philip A. Loomis, Jr.

General Counsel

Walter P. North

Associate General Counsel

Roy Nerenberg

Attorney

Securities and Exchange

Cooaission

425 Second Street, N. W.

FRANK H. SCHMID, ClRK Washington, D. C. 20549

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