Statutes, codes, and regulations
Code of Federal Regulations
Title 17 - COMMODITY AND SECURITIES EXCHANGESChapter II - SECURITIES AND EXCHANGE COMMISSIONPart 240 - GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934Subpart A - RULES AND REGULATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934REGULATION 15D: REPORTS OF REGISTRANTS UNDER THE SECURITIES ACT OF 1933
EXEMPTION OF CERTAIN TRANSACTIONS FROM SECTION 16(B)
Section 240.16b-1 - Transactions approved by a regulatory authority

17 C.F.R. § 240.16b-1

Download
PDF
Current through November 30, 2024
Section 240.16b-1 - Transactions approved by a regulatory authority

Any purchase and sale, or sale and purchase, of a security shall be exempt from section 16(b) of the Act, if the transaction is effected by an investment company registered under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) and both the purchase and sale of such security have been exempted from the provisions of section 17(a) (15 U.S.C. 80a-17(a) ) of the Investment Company Act of 1940, by rule or order of the Commission.

17 C.F.R. §240.16b-1

56 FR 7270, Feb. 21, 1991, as amended at 61 FR 30404, June 14, 1996; 76 FR 71877 , Nov. 21, 2011