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Fabio 76b8ec33a7 Legal corpus: the complete U.S. Code (59,740 sections, all 53 titles)
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code
now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 ->
59,740; repo total 105,704 records. Deterministic (byte-identical rerun,
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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 77z3 General exemptive authority us united_states_code code_section 15 COMMERCE AND TRADE 2A SECURITIES AND TRUST INDENTURES 77z3 15 U.S.C. § 77z3 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s77z3 data/legal/raw/us/code/title-15/usc15.xml c235283c6397d35f34203f1127abb633a6573700123cff8eb01ee9736beeb9db 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 afb6bca03306d5e1c013a8d62250f64cbe9baa38a8ade99cd8809fa6c3b80dd0 2026-07-04 official
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15 U.S.C. § 77z3 - General exemptive authority

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.

(May 27, 1933, ch. 38, title I, § 28, as added Pub. L. 104290, title I, § 105(a), Oct. 11, 1996, 110 Stat. 3424; amended Pub. L. 105353, title III, § 301(a)(5), Nov. 3, 1998, 112 Stat. 3235.)

Notes

Editorial Notes

Amendments1998—Pub. L. 105353 made technical correction relating to placement of section in subchapter.