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17 CFR 230.901

§ 230.901 General statement.

United States · 17 CFR — Commodity and Securities Exchanges · Status: effective

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17 CFR 230.901, § 230.901 General statement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/68760
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Full text

For the purposes only of section 5 of the Act (15 U.S.C. § 77e), the terms offer, offer to sell, sell, sale, and offer to buy shall be deemed to include offers and sales that occur within the United States and shall be deemed not to include offers and sales that occur outside the United States.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.