WHAT THE LAW DOINCongress, in plain words

The law › Title 15, Commerce and Trade › Chapter 2A

15 U.S.C. 77z-3: General exemptive authority

Created in 1996 by the National Securities Markets Improvement Act of 1996 (Public Law 104-290). Changed by 1 later law. 1 bill in this Congress would change it.

9 parts of federal rules cite it as their authority, written by Securities and Exchange Commission (9).

This Congress

  • H.R. 3633 Digital Asset Market Clarity Act · passed house · would change the section as a whole

How it got here

1998

  • Pub. L. 105–353 made technical correction relating to placement of section in subchapter. (Securities Litigation Uniform Standards Act of 1998) Law text

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.