Title 15 — Commerce and TradeRelease 119-73
§78hhh Examining authority functions
Title 15 › Chapter CHAPTER 2B–1— - SECURITIES INVESTOR PROTECTION › § 78hhh
Summary
Each SIPC member must give its examining authority, or a collection agent if one is named under section 78iii(a), the information SIPC needs to make assessments under section 78ddd. That includes data on securities revenues, transactions, customer accounts, net capital, and other business activities. The examining authority or agent must send all or part of that information to SIPC as SIPC requires by bylaw or rule. Nothing filed here is treated as filed under section 78r.
Full Legal Text
Title 15, §78hhh
Commerce and Trade — Source: USLM XML via OLRC
Each member of SIPC shall file with such member’s examining authority, or collection agent if a collection agent has been designated pursuant to section 78iii(a) of this title, such information (including reports of, and information with respect to, the gross revenues from the securities business of such member, including the composition thereof, transactions in securities effected by such member, and other information with respect to such member’s activities, whether in the securities business or otherwise, including customer accounts maintained, net capital employed, and activities conducted) as SIPC may determine to be necessary or appropriate for the purpose of making assessments under section 78ddd of this title. The examining authority or collection agent shall file with SIPC all or such part of such information (and such compilations and analyses thereof) as SIPC, by bylaw or rule, shall prescribe. No application, report, or document filed pursuant to this section shall be deemed to be filed pursuant to section 78r of this title.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 12 of Pub. L. 91–598 was renumbered section 16 and is classified to section 78lll of this title.
Amendments
1978—Pub. L. 95–283 inserted provisions relating to applicability to a collection agent.
Reference
Citations & Metadata
Citation
15 U.S.C. § 78hhh
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73