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15 U.S.C. § 77hhhIntegration of procedure with Securities Act and other Acts

submitted 93 years ago by ch. 38 to r/title-15-COMMERCE-AND-TRADE · 171 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section lets the SEC combine filing procedures across different securities laws. It can let a filing here count as one under the 1933 or 1934 securities laws too. It can also merge related applications, reports, and proceedings under all three laws into one process.

(a) Incorporation by reference Whenever the SEC decides it's necessary or appropriate for the public interest or investor protection, it can — by rule, regulation, or order — allow someone filing information or documents under this subchapter, the Securities Act of 1933, or the Securities Exchange Act of 1934 to simply point to (incorporate by reference) information or documents already on file with the SEC under this subchapter or either of those Acts, instead of refiling them. (b) Consolidation of applications, reports, etc. In the same way, the SEC can combine applications, reports, and proceedings under this subchapter with registration statements, applications, reports, and proceedings under the Securities Act of 1933 or the Securities Exchange Act of 1934, whenever that serves the public interest or investor protection.
the actual law source: uscode.house.gov ↗public domain
(a) Incorporation by reference

The Commission, by such rules and regulations or orders as it deems necessary or appropriate in the public interest or for the protection of investors, shall authorize the filing of any information or documents required to be filed with the Commission under this subchapter, or under the Securities Act of 1933 [15 U.S.C. 77a et seq.] or the Securities Exchange Act of 1934 [15 U.S.C. 78a et seq.], by incorporating by reference any information or documents on file with the Commission under this subchapter or under any such Act.

(b) Consolidation of applications, reports, etc.

The Commission, by such rules and regulations or orders as it deems necessary or appropriate in the public interest or for the protection of investors, shall provide for the consolidation of applications, reports, and proceedings under this subchapter with registration statements, applications, reports, and proceedings under the Securities Act of 1933 [15 U.S.C. 77a et seq.] or the Securities Exchange Act of 1934 [15 U.S.C. 78a et seq.].

Source credit: (May 27, 1933, ch. 38, title III, § 308, as added Aug. 3, 1939, ch. 411, 53 Stat. 1156; amended Pub. L. 111–203, title IX, § 986(b)(2), July 21, 2010, 124 Stat. 1936.)

history & why it existsrecord from the source credit
  • 1933Enacted · Act of May 27, 1933, ch. 38 · 53 Stat. 1156
  • 2010Amended · Pub. L. 111-203 · 124 Stat. 1936

A history note hasn’t been published yet. The record shows enactment by ch. 38 on 1933-05-27.

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