Regulations last checked for updates: May 02, 2024

Title 17 - Commodity and Securities Exchanges last revised: Apr 29, 2024
§ 230.901 - General statement.

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.

cite as: 17 CFR 230.901