18 U.S.C. § 3301: Securities fraud offenses

Summary

No one may be charged, tried, or punished for a securities fraud offense unless charges are filed within 6 years after the wrongdoing. A securities fraud offense means breaking, trying to break, or planning to break six specific federal securities laws, including 18 U.S.C. 1348 and listed parts of the 1933 Act, the 1934 Act, the Investment Advisers Act, the Investment Company Act, and the Trust Indenture Act.

Title 18, §3301

Crimes and Criminal Procedure, Source: USLM XML via OLRC

(a)Definition.—

In this section, the term “securities fraud offense” means a violation of, or a conspiracy or an attempt to violate—

(1)section 1348;

(2)section 32(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78ff(a));

(3)section 24 of the Securities Act of 1933 (15 U.S.C. 77x);

(4)section 217 of the Investment Advisers Act of 1940 (15 U.S.C. 80b–17);

(5)section 49 of the Investment Company Act of 1940 (15 U.S.C. 80a–48); or

(6)section 325 of the Trust Indenture Act of 1939 (15 U.S.C. 77yyy).

(b)Limitation.—

No person shall be prosecuted, tried, or punished for a securities fraud offense, unless the indictment is found or the information is instituted within 6 years after the commission of the offense.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of Title 12, Banks and Banking.

§3301 Securities Fraud Offenses

Summary

Title 18, §3301

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Citations & Metadata