§80b–14 Jurisdiction of Offenses and Suits

Summary

United States district courts and territorial courts can hear criminal and civil cases about breaking this law or its rules. State and territorial courts can hear the civil cases too. Criminal charges can be filed where the bad act happened. Lawsuits to force someone to follow the law or to stop a violation can be filed where the act happened or where the defendant lives or does business. Legal papers can be served where the defendant lives, does business, or is found. If the Commission brings a case in any federal district court, subpoenas for witnesses or documents for a hearing or trial can be served anywhere in the United States, and Rule 45(c)(3)(A)(ii) of the Federal Rules of Civil Procedure does not apply. Court judgments may be reviewed under sections 1254, 1291, 1292, and 1294 of title 28. No court costs can be charged for or against the Commission in cases involving the Commission. Federal courts also have jurisdiction over suits by the Commission or the United States about violations of section 80b–6 when (1) actions inside the United States are major steps toward the violation, even if a foreign adviser and only foreign investors are involved, or (2) actions outside the United States are reasonably expected to have a big effect inside the United States.