15-U.S.C.-78O-4A
§78O-4A – §78O-4A. Commission office of Municipal Securities
Pathway
Title 15 > Chapter 2B > Section 78o-4a
Details
- Reference: Section 78o-4a
- Legend: §78O-4A – §78O-4A. Commission office of Municipal Securities
- USCode Year: 2013
Provision Content
(a) In general
There shall be in the Commission an Office of Municipal Securities, which shall—
(1) administer the rules of the Commission with respect to the practices of municipal securities brokers and dealers, municipal securities advisors, municipal securities investors, and municipal securities issuers; and
(2) coordinate with the Municipal Securities Rulemaking Board for rulemaking and enforcement actions as required by law.
(b) Director of the Office
The head of the Office of Municipal Securities shall be the Director, who shall report to the Chairman.
(c) Staffing
(1) In general
The Office of Municipal Securities shall be staffed sufficiently to carry out the requirements of this section.
(2) Requirement
The staff of the Office of Municipal Securities shall include individuals with knowledge of and expertise in municipal finance.
(Pub. L. 111–203, title IX, §979, July 21, 2010, 124 Stat. 1926.)
Codification
Section was enacted as part of the Investor Protection and Securities Reform Act of 2010 and also as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and not as part of the Securities Exchange Act of 1934 which comprises this chapter.
Effective Date
Section effective 1 day after July 21, 2010, except as otherwise provided, see section 4 of Pub. L. 111–203, set out as a note under section 5301 of Title 12, Banks and Banking.
Definitions
For definitions of terms used in this section, see section 5301 of Title 12, Banks and Banking.
U.S. Encyclopedia of Law Coverage
15-U.S.C.-78M-1 in the Legal Encyclopedia: Trade Law
In this entry about 15-U.S.C.-78M-1, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.
15-U.S.C.-78KK in the Legal Encyclopedia: Securities Exchanges
In this entry about 15-U.S.C.-78KK, find legal reference material, bibliographies and premiere content related to securities exchanges in the American Encyclopedia of Law, presenting a comprehensive view of the United States securities exchanges-specific issues, written by authorities in the field.
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