15 U.S.C. § 7231 — Exemption authority
submitted 24 years ago by Pub. L. 107-204 to r/title-15-COMMERCE-AND-TRADE · 79 words · no verdicts yet
The Board may, case by case, exempt a person, issuer, public accounting firm, or transaction from the specified prohibition on providing services. The exemption must be necessary or appropriate in the public interest, consistent with protecting investors, and subject to Commission review.
On a case-by-case basis, the Board may exempt any person, issuer, public accounting firm, or transaction from the prohibition on providing services under section 78j–1(g) of this title. The exemption must be necessary or appropriate in the public interest and consistent with protecting investors. The Commission must review the exemption in the same way it reviews the Board’s rules under section 7217 of this title.
The Board may, on a case by case basis, exempt any person, issuer, public accounting firm, or transaction from the prohibition on the provision of services under section 78j–1(g) of this title, to the extent that such exemption is necessary or appropriate in the public interest and is consistent with the protection of investors, and subject to review by the Commission in the same manner as for rules of the Board under section 7217 of this title.
Source credit: (Pub. L. 107–204, title II, § 201(b), July 30, 2002, 116 Stat. 772.)
- 2002Enacted · Pub. L. 107-204 · 116 Stat. 772
A history note hasn’t been published yet. The record shows enactment by Pub. L. 107-204 on 2002-07-30.
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