15 U.S.C. § 77z–3 — General exemptive authority

FEDERAL · 15 U.S.C. · Chapter 2A

General exemptive authority

Current through Pub. L. 119-99

Title 15 — Commerce and Trade·Ch. 2A — SECURITIES AND TRUST INDENTURES·Subch. I

The Commission, by rule or regulation, may conditionally or unconditionally exempt any person, security, or transaction, or any class or classes of persons, securities, or transactions, from any provision or provisions of this subchapter or of any rule or regulation issued under this subchapter, to the extent that such exemption is necessary or appropriate in the public interest, and is consistent with the protection of investors.

Free access — add to your briefcase to read the full text and ask questions with AI

The Commission, by rule or regulation, may conditionally or unconditionally exempt any person, security, or transaction, or any class or classes of persons, securities, or transactions, from any provision or provisions of this subchapter or of any rule or regulation issued under this subchapter, to the extent that such exemption is necessary or appropriate in the public interest, and is consistent with the protection of investors.

15 U.S.C. § 77z–3 (General exemptive authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

(May 27, 1933, ch. 38, title I, §28, as added Pub. L. 104–290, title I, §105(a), Oct. 11, 1996, 110 Stat. 3424; amended Pub. L. 105–353, title III, §301(a)(5), Nov. 3, 1998, 112 Stat. 3235.)

Editorial Notes

Editorial Notes

Amendments
1998—Pub. L. 105–353 made technical correction relating to placement of section in subchapter.