17 CFR 240.15c1-9
§ 240.15c1-9 Use of pro forma balance sheets.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 240.15c1-9, § 240.15c1-9 Use of pro forma balance sheets, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/69205
- Permanent ID
ys:prov:69205@1- SHA-256
94e7888f46624cbc8e3a7fe43f28ae7edd29706863280de2ea0679035600cd6e
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Full text
The term manipulative, deceptive, or other fraudulent device or contrivance, as used in section 15(c)(1) of the Act, is hereby defined to include the use of financial statements purporting to give effect to the receipt and application of any part of the proceeds from the sale or exchange of securities, unless the assumptions upon which each such financial statement is based are clearly set forth as part of the caption to each such statement in type at least as large as that used generally in the body of the statement.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.