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15 U.S.C. · Commerce and Trade
15 U.S.C. § 77xxx

Unlawful representations

Ch. 2A — SECURITIES AND TRUST INDENTURES
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 2A
Statutory Text

15 U.S.C. § 77xxx — Unlawful representations

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 2A - SECURITIES AND TRUST INDENTURES SUBCHAPTER III - TRUST INDENTURES Sec. 77xxx - Unlawful representations From the U.S. Government Publishing Office, www.gpo.gov

§77xxx. Unlawful representations

It shall be unlawful for any person in offering, selling or issuing any security to represent or imply in any manner whatsoever that any action or failure to act by the Commission in the administration of this subchapter means that the Commission has in any way passed upon the merits of, or given approval to, any trustee, indenture or security, or any transaction or transactions therein, or that any such action or failure to act with regard to any statement or report filed with or examined by the Commission pursuant to this subchapter or any rule, regulation, or order thereunder, has the effect of a finding by the Commission that such statement or report is true and accurate on its face or that it is not false or misleading.

(May 27, 1933, ch. 38, title III, §324, as added Aug. 3, 1939, ch. 411, 53 Stat. 1176; amended Aug. 10, 1954, ch. 667, title III, §305, 68 Stat. 688.)

Editorial Notes

Amendments 1954—Act Aug. 10, 1954, substituted "offering, selling, or issuing" for "issuing or selling".

Statutory Notes and Related Subsidiaries

Effective Date of 1954 Amendment Amendment by act Aug. 10, 1954, effective 60 days after Aug. 10, 1954, see note under section 77b of this title.

Executive Documents

Transfer of Functions For transfer of functions of Securities and Exchange Commission, with certain exceptions, to Chairman of such Commission, see Reorg. Plan No. 10 of 1950, §§1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 1265, set out under section 78d of this title.

Source: uscode.house.gov — public domain Official Source ↗
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15 U.S.C. § 77xxx
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The statutory text of 15 U.S.C. § 77xxx is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Ch. 2A — SECURITIES AND TRUST INDENTURES
15 U.S.C. § 77a15 U.S.C. § 77b15 U.S.C. § 77b115 U.S.C. § 77c15 U.S.C. § 77d15 U.S.C. § 77d115 U.S.C. § 77e15 U.S.C. § 77f15 U.S.C. § 77g15 U.S.C. § 77h15 U.S.C. § 77h115 U.S.C. § 77i15 U.S.C. § 77j15 U.S.C. § 77k15 U.S.C. § 77l15 U.S.C. § 77m15 U.S.C. § 77n15 U.S.C. § 77o15 U.S.C. § 77p15 U.S.C. § 77q15 U.S.C. § 77r15 U.S.C. § 77r115 U.S.C. § 77s15 U.S.C. § 77t15 U.S.C. § 77u15 U.S.C. § 77v15 U.S.C. § 77w15 U.S.C. § 77x15 U.S.C. § 77y15 U.S.C. § 77z
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