15 U.S.C. § 77xxx
Unlawful representations
It shall be unlawful for any person in offering, selling or issuing any security to represent or imply in any manner whatsoever that any action or failure to act by the Commission in the administration of this subchapter means that the Commission has in any way passed upon the merits of, or given approval to, any trustee, indenture or security, or any transaction or transactions therein, or that any such action or failure to act with regard to any statement or report filed with or examined by the Commission pursuant to this subchapter or any rule, regulation, or order thereunder, has the effect of a finding by the Commission that such statement or report is true and accurate on its face or that it is not false or misleading.
Notes of Decisions
Cited in 2
cases (1 in the last 5 years), 1979–2024 · leading case: Zeffiro v. First Pennsylvania Banking & Trust Co., 473 F. Supp. 201 (E.D. Pa. 1979).
Zeffiro v. First Pennsylvania Banking & Trust Co., 473 F. Supp. 201 (E.D. Pa. 1979). “15 U.S.C. § 77xxx (emphasis added). While this section does contain a prohibition, it does not expressly provide for criminal or civil liability and is not directly relevant.”
Doiban v. United States (Fed. Cl. 2024). “005, and over twelve federal statutes across five chapters of the United States Code. Compl. at 3–4.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.