Title 15, Commerce and TradeRelease 119-102
§80b–7 Material Misstatements
Title 15 › CHAPTER 2D — INVESTMENT COMPANIES AND ADVISERS › SUBCHAPTER II — INVESTMENT ADVISERS › § 80b–7
Summary
It is illegal to knowingly give false or omit required material facts in registration forms or reports filed with the Commission.
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 15, Commerce and Trade
Last Updated
Aug 21, 2026
Release point: 119-102