2016 US Code
Title 15 - Commerce and Trade
Chapter 2A - Securities and Trust Indentures
Subchapter I - Domestic Securities
Sec. 77z-3 - General exemptive authority

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Citation 15 U.S.C. § 77z-3 (2016)
Section Name §77z–3. General exemptive authority
Section Text

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.

Source Credit

(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.

Publication Title United States Code, 2012 Edition, Supplement 4, 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 2A - SECURITIES AND TRUST INDENTURES
SUBCHAPTER I - DOMESTIC SECURITIES
Sec. 77z-3 - General exemptive authority
Contains section 77z-3
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large References 110 Stat. 3424
112 Stat. 3235
Public Law References Public Law 104-290, Public Law 105-353
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