Unlawful representations
United States Code
Citation analytics
How this statute sits in the citation network, derived from CiteLaw's graph of published opinions.
Frequently CitedTop 23% most-cited · cited by 11 decisions
11
Citing decisions
6+
Courts citing
Citations by decade
2
1
1
2
3
2
1930s1960s1970s1980s1990s2010s
Courts citing this statute
Most recently cited by10
- 2013United States v. Kurlemann 6th Cir.
- 1999A.S. Goldmen & Co. v. New Jersey Bureau of Securities 3d Cir.
- 1993Eckstein v. Balcor Film Investors 7th Cir.
- 1993Alter v. DBLKM, Inc. D. Colo.
- 1986Adelson v. World Transportation, Inc. S.D. Fla.
- 1980Securities & Exchange Commission v. Texas International Co. N.D. Ill.
- 1971Boruski v. Division of Corp. Finance of the U. S. Securities & Exchange Commission S.D.N.Y.
- 1960United States v. Olen S.D.N.Y.
- 1939Securities & Exchange Commission v. Timetrust, Inc. N.D. Cal.
- 1939Oklahoma-Texas Trust v. Securities & Exchange Commission 10th Cir.
Counts reflect decisions in the CiteLaw corpus and may lag very recent opinions.
Text
Neither the fact that the registration statement for a security has been filed or is in effect nor the fact that a stop order is not in effect with respect thereto shall be deemed a finding by the Commission that the registration statement is true and accurate on its face or that it does not contain an untrue statement of fact or omit to state a material fact, or be held to mean that the Commission has in any way passed upon the merits of, or given approval to, such security. It shall be unlawful to make, or cause to be made to any prospective purchaser any representation contrary to the foregoing provisions of this section. (Source: (May 27, 1933, ch. 38, title I, § 23, 48 Stat. 87.))