CITE

    15 USC Sec. 80a-33                                          01/05/2009

EXPCITE

    TITLE 15 - COMMERCE AND TRADE
    CHAPTER 2D - INVESTMENT COMPANIES AND ADVISERS
    SUBCHAPTER I - INVESTMENT COMPANIES

HEAD

    Sec. 80a-33. Destruction and falsification of reports and records

STATUTE

    (a) Willful destruction
      It shall be unlawful for any person, except as permitted by rule,
    regulation, or order of the Commission, willfully to destroy,
    mutilate, or alter any account, book, or other document the
    preservation of which has been required pursuant to section 80a-
    30(a) or 80a-31(c) of this title.
    (b) Untrue statements or omissions
      It shall be unlawful for any person to make any untrue statement
    of a material fact in any registration statement, application,
    report, account, record, or other document filed or transmitted
    pursuant to this subchapter or the keeping of which is required
    pursuant to section 80a-30 (a) of this title. It shall be unlawful
    for any person so filing, transmitting, or keeping any such
    document to omit to state therein any fact necessary in order to
    prevent the statements made therein, in the light of the
    circumstances under which they were made, from being materially
    misleading. For the purposes of this subsection, any part of any
    such document which is signed or certified by an accountant or
    auditor in his capacity as such shall be deemed to be made, filed,
    transmitted, or kept by such accountant or auditor, as well as by
    the person filing, transmitting, or keeping the complete document.

SOURCE

    (Aug. 22, 1940, ch. 686, title I, Sec. 34, 54 Stat. 840.)

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, Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3175,
    64 Stat. 1265, set out under section 78d of this title.