17 CFR 205.7
§ 205.7 No private right of action.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 205.7, § 205.7 No private right of action, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68246
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Full text
(a) Nothing in this part is intended to, or does, create a private right of action against any attorney, law firm, or issuer based upon compliance or noncompliance with its provisions.
(b) Authority to enforce compliance with this part is vested exclusively in the Commission.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.