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15 U.S.C. § 80b–7

U.S. CodeFederal
Material misstatements
About This Law
/us/usc/t15/s80b–7
Title
15 — Commerce and Trade
Chapter
CH2D
Release
119-84
Release Date
2026-04-17

Section Text

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It shall be unlawful for any person willfully to make any untrue statement of a material fact in any registration application or report filed with the Commission under section 80b–3 or 80b–4 of this title, or willfully to omit to state in any such application or report any material fact which is required to be stated therein. (Aug. 22, 1940, ch. 686, title II, § 207, 54 Stat. 853.) Executive Documents Transfer of Functions For transfer of functions of Securities and Exchange Commission, with certain exceptions, to Chairman of such Commission, see Reorg. Plan No. 10 of 1950, §§ 1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 1265, set out under section 78d of this title.

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