v3202-911

No. 16995

IN THE

Uiited States Court of Appeals

FOR THE NINTH CIRCUIT

NGELES Trust Deed & Mortgage Exchange,

ST Deed & Mortgage Exchange, Trust Deed

Iortgage Markets, David Farrell, Oliver J.

fRRELL, Thomas Wolfe, Jr., and Stanley C.

RKS,

^_ Appellants,

V vs.

^kities and Exchange Commission,

Appellee.

y Brief of Appellants Trust Deed & Mortgage

Exchange, and David Farrell.

1. Foley,

'dward Building,

-hington 5, D. C,

Uional 8-1111),

Ittorney for Appellants Trust

Deed & Mortgage Exchange

and David Farrell.

It

FILE

SEP 2 11960

FRANK H. SCHMID, Cl

f leer & Son, Inc., Law Printers, Los Angeles. Phone MA. 6-917L

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