Title 15 › CHAPTER 2D — INVESTMENT COMPANIES AND ADVISERS › SUBCHAPTER I — INVESTMENT COMPANIES › § 80a–44
Information in registration statements, applications, reports, or other documents filed with the Commission under this subchapter must be open to the public. The Commission can, by its own rules or by order on request, keep some items secret if releasing them isn’t needed or would hurt the public interest or investor protection. The Commission must give copies of public filings to anyone for a reasonable charge and under reasonable limits it sets. Except as provided in section 78x(c) of this title, it is illegal for any Commission member, officer, or employee to use nonpublic information from these filings for personal gain or to give it to anyone except a U.S. or State official for official use, and those officials may not use it for personal benefit.
Full Legal Text
Commerce and Trade, Source: USLM XML via OLRC
Legislative History
Reference
Citation
15 U.S.C. § 80a–44
Title 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102