§ 2.7.2
| Jurisdiction | Arizona |
§ 2.7.2 Antibucketing Provisions
Criminal penalties were provided for bucketing.305 These antibucketing provisions dealing specifically with securities brokers were an extension of earlier laws enacted in 1909.306 Through bucket shops, an off-exchange shadow market had developed in which people could gamble on listed securities and commodities' prices.307 Bucketing's prolix-statutory definition is in the footnote.308 In plain English, the statute was directed at betting on securities and commodities'...
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