17 CFR 230.507
§ 230.507 Disqualifying provision relating to exemptions under §§ 230.504 and 230.506.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 230.507, § 230.507 Disqualifying provision relating to exemptions under §§ 230.504 and 230.506, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68741
- Permanent ID
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Full text
(a) No exemption under § 230.504 or § 230.506 shall be available for an issuer if such issuer, any of its predecessors or affiliates have been subject to any order, judgment, or decree of any court of competent jurisdiction temporarily, preliminary or permanently enjoining such person for failure to comply with § 230.503.
(b) Paragraph (a) of this section shall not apply if the Commission determines, upon a showing of good cause, that it is not necessary under the circumstances that the exemption be denied.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.