15 U.S.C. · Commerce and Trade
15 U.S.C. § 77z3

General exemptive authority

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

15 U.S.C. § 77z3 — General exemptive authority

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 I - DOMESTIC SECURITIES Sec. 77z-3 - General exemptive authority From the U.S. Government Publishing Office, www.gpo.gov

§77z–3. General exemptive authority

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.

(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

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

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 77z3 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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