17 CFR 205.7 - No private right of action.

Regulations last checked for updates: Feb 09, 2026

Title 17 - Commodity and Securities Exchanges last revised: Jan 29, 2026

View all text of Part 205 [§ 205.1 - § 205.7]

§ 205.7 - No private right of action.

(a) Nothing in this part is intended to, or does, create a private right of action against any attorney, law firm, or issuer based upon compliance or noncompliance with its provisions.

(b) Authority to enforce compliance with this part is vested exclusively in the Commission.

authority: 15 U.S.C. 77s,78d,78w,80a,80a,80b,7202,7245,and

source: 68 FR 6320, Feb. 6, 2003, unless otherwise noted.

cite as: 17 CFR 205.7