15 U.S.C. § 77vvv — Judicial review

submitted 93 years ago by ch. 38 to r/title-15-COMMERCE-AND-TRADE · 130 words · no verdicts yet

in plain englishAI-generated · not legal advice

SEC orders under this subchapter are reviewed the same way as orders under section 9 of the Securities Act. Courts get jurisdiction over offenses and enforcement suits the same way section 22(a) of the Securities Act provides.

(a) Review of orders. SEC orders issued under this subchapter — including specific orders under sections 77eee(b) and 77ggg(c) — can be reviewed by courts the same way, under the same conditions, and to the same extent as SEC orders under section 9 of the Securities Act of 1933 (15 U.S.C. 77i). (b) Jurisdiction of offenses and suits. Which courts have jurisdiction, and where venue lies, for offenses under this subchapter and for suits enforcing a liability or duty created by this subchapter (or its rules and orders), follows the same rules set out in section 22(a) of the Securities Act of 1933 (15 U.S.C. 77v(a)).

the actual law source: uscode.house.gov ↗public domain

(a) Review of orders

Orders of the Commission under this subchapter (including orders pursuant to the provisions of sections 77eee(b) and 77ggg(c) of this title) shall be subject to review in the same manner, upon the same conditions, and to the same extent, as provided in section 9 of the Securities Act of 1933 [15 U.S.C. 77i], with respect to orders of the Commission under such Act.

(b) Jurisdiction of offenses and suits

Jurisdiction of offenses and violations under, and jurisdiction and venue of suits and actions brought to enforce any liability or duty created by, this subchapter, or any rules or regulations or orders prescribed under the authority thereof, shall be as provided in section 22(a) of the Securities Act of 1933 [15 U.S.C. 77v(a)].

Source credit: (May 27, 1933, ch. 38, title III, § 322, as added Aug. 3, 1939, ch. 411, 53 Stat. 1175; amended Pub. L. 101–550, title IV, § 418, Nov. 15, 1990, 104 Stat. 2732.)

history & why it existsrecord from the source credit

1933Enacted · Act of May 27, 1933, ch. 38 · 53 Stat. 1175
1990Amended · Pub. L. 101-550 · 104 Stat. 2732

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

all 0 arguments · sorted by: best

no arguments yet — make the first case