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15 U.S.C. § 3

Title 15Chapter 2Current through PL 116-220~1 min readLast updated: March 30, 2026View on OLRC →
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§ 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.

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