| Show Securities Dealer V Protests Pro ests Regulation WASHINGTON March 2 2 UP RI- RI Constitutionality of the 1933 sec securities r ties act to regulate the sale of stocks was challenged inthe supreme court today in a ft brief brief- filed by James Edward Ed Ed- ward Jones New NewYork York deal dealer dealer In in oil securities V The e document t. t prepared by attorneys at at- orneys Including James M. M Beck former solicitor general and Bainbridge Bainbridge Bain- Bain bridge Colby former se secretary of state stab cont contended the effect of ot regulation regulation regu regu- lation under the act is not notto to to- pr prevent prevent pre pre- vent fraud but but to to induce it V V |