Held at: University of Pennsylvania: Biddle Law Library [Contact Us]3460 Chestnut Street, Biddle Law Library, Philadelphia, PA 19104-3406
This is a finding aid. It is a description of archival material held at the University of Pennsylvania: Biddle Law Library. Unless otherwise noted, the materials described below are physically available in their reading room, and not digitally available through the web.
Overview and metadata sections
In the late 1960s, the American Bar Association's Committee on Federal Regulation of Securities recommended that a codification of securities law be undertaken by the American Law Institute (ALI). The ALI approved the project, appointing Louis Loss as the reporter in 1969. The purpose of the project was to analyze, integrate, and improve an array of federal acts related to securities law. The American Bar Association played an active role in reviewing and advising the committee on its work.
The ALI approved the Federal Securities Code on May 19, 1978. Loss continued working with the project's consultants, advisers, and other interested parties to prepare a final draft of commentary on the code. Although the ALI assumed no responsibility for Loss's comments, the organization authorized the publication of a Reporter's Commentary with the Federal Securities Code in 1980.
The Federal Securities Code Records, 1968-1981, include correspondence, meeting records, drafts, and other records relating to the drafting of the Federal Securities Code, a project that sought to simplify and consolidate the law as it related to financial securities.
- Meeting Records
Throughout this collection, researchers should note the following abbreviations when examining the collection: "PD" stands for Preliminary Draft "TD" stands for Tentative Draft "CD" stands for Council Draft
First shipment received from the American Law Institute in 1995.
An item-level container list is available offline in spreadsheet form.
Preliminary container list prepared by Melissa Backes, 1995-2005.
Processed and encoded by Jordon Steele, May 2008.
- University of Pennsylvania: Biddle Law Library
- Finding Aid Author
- Jordon Steele
- Finding Aid Date
- Access Restrictions
- Use Restrictions
The archives reserves the right to restrict access to material of sensitive nature. Please contact the department for further information.
Correspondence between consultants, advisers, and American Law Institute members; letters written by Reporter Louis Loss, letters requesting permission to quote from the Federal Securities Code; a letter written about a 1978 press conference announcing the adoption of the Federal Securities Code by the ALI; and related records.General Physical Description note
About 180 items
Chiefly minutes and related correspondence regarding meetings held by the consultants and advisers to the Federal Securities Code project. This series also includes some records relating to meetings of the Federal Securities Code Project committee.General Physical Description note
About 950 items
Chiefly drafts created by the Federal Securities Code Project committee and submitted to the American Law Institute that reflect the formulation of the Federal Securities Code. While the Federal Securities Code was formally adopted by the American Law Institute in 1978, this series also include post-1978 drafts and related records regarding the creation of the Reporter's Commentary section that was included in the 1980 publication of the Federal Securities Code.General Physical Description note
About 100 items
Off-prints of law journal issues that analyzed the proposed Federal Securities Code.Physical Description