15 USC 80b-7: Material misstatements
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15 USC 80b-7: Material misstatements Text contains those laws in effect on January 7, 2011
From Title 15-COMMERCE AND TRADECHAPTER 2D-INVESTMENT COMPANIES AND ADVISERSSUBCHAPTER II-INVESTMENT ADVISERS
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§80b–7. Material misstatements

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.

(Aug. 22, 1940, ch. 686, title II, §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, §§1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 1265, set out under section 78d of this title.