KAHN v. SECURITIES AND EXCHANGE COMMISSION

No. 29, Docket 26882.

297 F.2d 112 (1961)

Arnold Leonard KAHN, Petitioner, v. SECURITIES AND EXCHANGE COMMISSION, Respondent.

United States Court of Appeals Second Circuit.

Decided December 7, 1961.


Attorney(s) appearing for the Case

John F. Reddy, Jr. (of Engel, Judge, Miller & Reddy), New York City (George J. Gardella, Jr., New York City, on the brief), for petitioner.

Allan F. Conwill, Securities and Exchange Commission, Washington, D. C. (Peter A. Dammann, Gen. Counsel, David Ferber, Asst. Gen. Counsel, Sidney D. Goldberg, Sp. Counsel, and Faith Colish, Atty., Securities and Exchange Commission, Washington, D. C., on the brief), for respondent.

Before CLARK, FRIENDLY and MARSHALL, Circuit Judges.


MARSHALL, Circuit Judge.

This petition for review of an S.E.C. order arises out of the same proceedings described in our opinion in Berko v. S.E.C., 297 F.2d 116. The general background may be found there. As in Berko, we conclude the S.E.C.'s findings and reasoning lack the clarity necessary to enable us to make a considered judgment without substituting our own findings and legal theories.

The gist of the SEC's opinion is...

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