CITE

    15 USC Sec. 80b-7                                           01/05/2009

EXPCITE

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

HEAD

    Sec. 80b-7. Material misstatements

STATUTE

      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.

SOURCE

    (Aug. 22, 1940, ch. 686, title II, Sec. 207, 54 Stat. 853.)

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.