2012 US Code
Title 15 - Commerce and Trade
Chapter 2A - SECURITIES AND TRUST INDENTURES (§§ 77a - 77bbbb)
Subchapter I - DOMESTIC SECURITIES (§§ 77a - 77aa)
Section 77z-3 - General exemptive authority

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Publication TitleUnited States Code, 2012 Edition, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 2A - SECURITIES AND TRUST INDENTURES
SUBCHAPTER I - DOMESTIC SECURITIES
Sec. 77z-3 - General exemptive authority
Containssection 77z-3
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditMay 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.
Statutes at Large References110 Stat. 3424
112 Stat. 3235
Public Law ReferencesPublic Law 104-290, Public Law 105-353

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DOMESTIC SECURITIES - 15 U.S.C. § 77z-3 (2012)
§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.)

Amendments

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

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