
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC77z-3]

 
                      TITLE 15--COMMERCE AND TRADE
 
               CHAPTER 2A--SECURITIES AND TRUST INDENTURES
 
                    SUBCHAPTER I--DOMESTIC SECURITIES
 
Sec. 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, Sec. 28, as added Pub. L. 104-290, title 
I, Sec. 105(a), Oct. 11, 1996, 110 Stat. 3424; amended Pub. L. 105-353, 
title III, Sec. 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.
