of whatever name excluding bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of

bills, divided into units, each with equal value and a predetermined rate of return, issued by any company to a lender or purchaser, representing the right of the holder of such instrument to receive

responsibility for disclosing information as the securities issuing company, and after the approval has been granted, the person under (2) shall have the duty and responsibility for disclosing information and