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Code · U.S. Code · Title 15 - COMMERCE AND TRADE · CHAPTER 2A— SECURITIES AND TRUST INDENTURES · SUBCHAPTER I— DOMESTIC SECURITIES · § 77z–3

§ 77z–3. General exemptive authority

128 words·~1 min read·/usc/title-15/section-77z-3

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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 .)
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  • Pub. L. 104-290
  • 110 Stat. 3424
  • Pub. L. 105-353
  • 112 Stat. 3235
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§ 77z–3
General exemptive authority
Fed. Reg.×89
Pub. L.Pub. L. 104-290
Stat.110 Stat. 3424
Pub. L.Pub. L. 105-353
Stat.112 Stat. 3235
Cites 4Cited by 89 across 1 source
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