Source: http://topics.law.cornell.edu/uscode/text/15/77e?quicktabs_8=3
Timestamp: 2013-12-10 18:16:09
Document Index: 493793859

Matched Legal Cases: ['§ 77', '§ 77', '§ 77', '§ 5', '§ 204', '§ 7', '§ 768', '§ 109', '§ 77']

15 USC § 77e - Prohibitions relating to interstate commerce and the mails | Title 15 - Commerce and Trade | U.S. Code | LII / Legal Information Institute
USC › Title 15 › Chapter 2A › Subchapter I › § 77e	prevnext
15 USC § 77e - Prohibitions relating to interstate commerce and the mails
Sale or delivery after sale of unregistered securities Unless a registration statement is in effect as to a security, it shall be unlawful for any person, directly or indirectly—
Necessity of prospectus meeting requirements of section 77j of this title It shall be unlawful for any person, directly or indirectly—
to carry or cause to be carried through the mails or in interstate commerce any such security for the purpose of sale or for delivery after sale, unless accompanied or preceded by a prospectus that meets the requirements of subsection (a) ofsection 77j of this title.
Necessity of filing registration statement It shall be unlawful for any person, directly or indirectly, to make use of any means or instruments of transportation or communication in interstate commerce or of the mails to offer to sell or offer to buy through the use or medium of any prospectus or otherwise any security, unless a registration statement has been filed as to such security, or while the registration statement is the subject of a refusal order or stop order or (prior to the effective date of the registration statement) any public proceeding or examination under section 77h of this title.
Limitation Notwithstanding any other provision of this section, an emerging growth company or any person authorized to act on behalf of an emerging growth company may engage in oral or written communications with potential investors that are qualified institutional buyers or institutions that are accredited investors, as such terms are respectively defined in section 230.144A and section 230.501(a) of title 17, Code of Federal Regulations, or any successor thereto, to determine whether such investors might have an interest in a contemplated securities offering, either prior to or following the date of filing of a registration statement with respect to such securities with the Commission, subject to the requirement of subsection (b)(2).
Security-based swaps Notwithstanding the provisions of section 77c or 77d of this title, unless a registration statement meeting the requirements of section 77j
(a) of this title is in effect as to a security-based swap, it shall be unlawful for any person, directly or indirectly, to make use of any means or instruments of transportation or communication in interstate commerce or of the mails to offer to sell, offer to buy or purchase or sell a security-based swap to any person who is not an eligible contract participant as defined in section 1a
(18) of title 7.
(May 27, 1933, ch. 38, title I, § 5,48 Stat. 77; June 6, 1934, ch. 404, title II, § 204,48 Stat. 906; Aug. 10, 1954, ch. 667, title I, § 7,68 Stat. 684; Pub. L. 111–203, title VII, § 768(b),July 21, 2010, 124 Stat. 1801.)
1934—Act June 6, 1934, repealed subsec. (c), the provisions of which were replaced by section 77c
(a)(11) of this title.
Pub. L. 104–290, title I, § 109,Oct. 11, 1996, 110 Stat. 3426, provided that: “Not later than 1 year after the date of enactment of this Act [Oct. 11, 1996], the Commission shall adopt rules under the Securities Act of 1933 [15 U.S.C. 77a et seq.] concerning the status under the registration provisions of the Securities Act of 1933 of foreign press conferences and foreign press releases by persons engaged in the offer and sale of securities.”
15 USCDescription of ChangeSession YearPublic LawStatutes at Large § 77e2012112-106 [Sec.] 105(c)126 Stat. 311 This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.17 CFR - Title 17—Commodity and Securities Exchanges17 CFR 200 - ORGANIZATION; CONDUCT AND ETHICS; AND INFORMATION AND REQUESTS17 CFR 229 - STANDARD INSTRUCTIONS FOR FILING FORMS UNDER SECURITIES ACT OF 1933, SECURITIES EXCHANGE ACT OF 1934 AND ENERGY POLICY AND CONSERVATION ACT OF 1975—REGULATION S-K