2012 US Code
Title 15 - Commerce and Trade
Chapter 2B - SECURITIES EXCHANGES (§§ 78a - 78pp)
Section 78o-4a - Commission Office of Municipal Securities
| Publication Title | United States Code, 2012 Edition, Title 15 - COMMERCE AND TRADE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 2B - SECURITIES EXCHANGES Sec. 78o-4a - Commission Office of Municipal Securities |
| Contains | section 78o-4a |
| Date | 2012 |
| Laws in Effect as of Date | January 15, 2013 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 111-203, title IX, §979, July 21, 2010, 124 Stat. 1926. |
| Statutes at Large Reference | 124 Stat. 1926 |
| Public Law References | Public Law 111-203 |
Download PDF
There shall be in the Commission an Office of Municipal Securities, which shall—
(1) administer the rules of the Commission with respect to the practices of municipal securities brokers and dealers, municipal securities advisors, municipal securities investors, and municipal securities issuers; and
(2) coordinate with the Municipal Securities Rulemaking Board for rulemaking and enforcement actions as required by law.
(b) Director of the OfficeThe head of the Office of Municipal Securities shall be the Director, who shall report to the Chairman.
(c) Staffing (1) In generalThe Office of Municipal Securities shall be staffed sufficiently to carry out the requirements of this section.
(2) RequirementThe staff of the Office of Municipal Securities shall include individuals with knowledge of and expertise in municipal finance.
(Pub. L. 111–203, title IX, §979, July 21, 2010, 124 Stat. 1926.)
CodificationSection was enacted as part of the Investor Protection and Securities Reform Act of 2010 and also as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and not as part of the Securities Exchange Act of 1934 which comprises this chapter.
Effective DateSection effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of Title 12, Banks and Banking.
DefinitionsFor definitions of terms used in this section, see section 5301 of Title 12, Banks and Banking.
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.
