On Petition for Rehearing in Banc
Before LUMBARD, Chief Judge, and CLARK, WATERMAN, MOORE, FRIENDLY, SMITH, KAUFMAN, HAYS and MARSHALL, Circuit Judges.
PER CURIAM.The petition of the Securities and Exchange Commission for rehearing in banc is denied.
CLARK, Circuit Judge, dissents from such denial with an opinion.
SMITH and HAYS, Circuit Judges, dissent from such denial without opinion.