Section 339-F. Delivery to customers of memoranda of transactions by brokers


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  • A person engaged in the business of purchasing  or  selling  as
      broker  stocks,  bonds  and  other  evidences  of  debt of corporations,
      companies or associations shall deliver to each customer on whose behalf
      a purchase or sale of such securities is made  by  him  a  statement  or
      memorandum  of  such  purchase  or sale, a description of the securities
      purchased or sold, the name of the person, firm or corporation from whom
      such securities were purchased, or to which the same were sold, and  the
      day,  and  the hours between which the transaction took place.  A broker
      who refuses to deliver such statement or memorandum to a customer within
      twenty-four hours after a written demand therefor,  or  who  delivers  a
      statement  or  memorandum  which  is  false  in any material respect, is
      guilty of a misdemeanor.