Title 15Commerce and TradeRelease 119-73

§80b–7 Material misstatements

Title 15 › Chapter CHAPTER 2D— - INVESTMENT COMPANIES AND ADVISERS › Subchapter SUBCHAPTER II— - INVESTMENT ADVISERS › § 80b–7

Last updated Apr 6, 2026|Official source

Summary

It is illegal for anyone to intentionally give false information or leave out important facts in registration filings under sections 80b–3 or 80b–4.

Full Legal Text

Title 15, §80b–7

Commerce and Trade — Source: USLM XML via OLRC

It shall be unlawful for any person willfully to make any untrue statement of a material fact in any registration application or report filed with the Commission under section 80b–3 or 80b–4 of this title, or willfully to omit to state in any such application or report any material fact which is required to be stated therein.

Legislative History

Notes & Related Subsidiaries

Executive Documents

Transfer of Functions

For

Transfer of Functions

of Securities and Exchange Commission, with certain exceptions, to Chairman of such Commission, see Reorg. Plan No. 10 of 1950, §§ 1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 1265, set out under section 78d of this title.

Reference

Citations & Metadata

Citation

15 U.S.C. § 80b–7

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73