Title 15, Commerce and TradeRelease 119-102
§78o–2 Liabilities Arising Prior to Amendment Unaffected
Title 15 › CHAPTER 2B — SECURITIES EXCHANGES › § 78o–2
Summary
Legal responsibility for violations of section 78o and its rules that began before the Act took effect still applies.
Full Legal Text
Title 15, §78o–2
Commerce and Trade, Source: USLM XML via OLRC
Nothing in this Act shall be deemed to extinguish any liability which may have arisen prior to the effective date of this Act by reason of any violation of section 78o of this title or of any rule or regulation thereunder.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
This Act, referred to in text, is act May 27, 1936, ch. 462, 49 Stat. 1375, popularly known as the Unlisted Securities Trading Act, which enacted section 78l–1, 78o–1, 78o–2, and 78hh–1 of this title, and amended section 78l, 78o, 78q, 78r, 78t, 78u, 78w, and 78ff of this title.
Effective Date
of this Act, referred to in text, is July 1, 1934. See section 78hh–1 of this title. Codification Section was not enacted as a part of the Securities Exchange Act of 1934 which comprises this chapter.
Reference
Citations & Metadata
Citation
15 U.S.C. § 78o–2
Title 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102