This chapter, referred to in subsecs. (a) and (d)(4), (5), was in the original “this title”, and this chapter, referred to in subsecs. (g)(1) and (h)(1), was in the original “this Act”. See References in Text note set out under section 78a of this title.
Subsec. (f) of section 78o of this title, referred to in subsec. (b)(1)(B), was redesignated (g) by Pub. L. 111–203, title IX, § 929X(c)(1),
Section 10 of the STOCK Act, referred to in subsecs. (g)(1) and (h)(1), is section 10 of Pub. L. 112–105, which is set out as a note preceding section 13101 of Title 5, Government Organization and Employees.
2022—Subsec. (g)(2)(B)(ii). Pub. L. 117–286, § 4(c)(24)(A), substituted “section 13101(11) of title 5).” for “section 109(11) of the Ethics in Government Act of 1978 (5 U.S.C. App. 109(11))).”
Subsec. (h)(2)(B). Pub. L. 117–286, § 4(c)(24)(B)(i), substituted “section 13101(9) of title 5;” for “section 109(8) of the Ethics in Government Act of 1978 (5 U.S.C. App. 109(8));”.
Subsec. (h)(2)(C). Pub. L. 117–286, § 4(c)(24)(B)(ii), substituted “section 13101(10) of title 5.” for “section 109(10) of the Ethics in Government Act of 1978 (5 U.S.C. App. 109(10)).”
Subsec. (i). Pub. L. 117–286, § 4(c)(24)(C), substituted “section 13103(f) of title 5” for “section 101(f) of the Ethics in Government Act of 1978”.
2012—Subsec. (g). Pub. L. 112–105, § 4(b)(2), added subsec. (g).
Subsec. (h). Pub. L. 112–105, § 9(b)(2)(B), added subsec. (h).
Subsec. (i). Pub. L. 112–105, § 12, added subsec (i).
2010—Subsec. (a)(1). Pub. L. 111–203, § 762(d)(7)(A), struck out “(as defined in section 206B of the Gramm-Leach-Bliley Act)” after “security-based swap agreement” in introductory provisions.
Subsec. (d)(1). Pub. L. 111–203, § 923(b)(2)(A), struck out “(subject to subsection (e) of this section)” after “shall” and inserted “and section 78u–6 of this title” after “section 7246 of this title”.
Subsec. (e). Pub. L. 111–203, § 923(b)(2)(B), (C), redesignated subsec. (f) as (e) and struck out former subsec. (e). Prior to amendment, text of subsec. (e) read as follows: “Notwithstanding the provisions of subsection (d)(1) of this section, there shall be paid from amounts imposed as a penalty under this section and recovered by the Commission or the Attorney General, such sums, not to exceed 10 percent of such amounts, as the Commission deems appropriate, to the person or persons who provide information leading to the imposition of such penalty. Any determinations under this subsection, including whether, to whom, or in what amount to make payments, shall be in the sole discretion of the Commission, except that no such payment shall be made to any member, officer, or employee of any appropriate regulatory agency, the Department of Justice, or a self-regulatory organization. Any such determination shall be final and not subject to judicial review.”
Subsec. (f). Pub. L. 111–203, § 923(b)(2)(C), redesignated subsec. (g) as (f). Former subsec. (f) redesignated (e).
Pub. L. 111–203, § 762(d)(7)(B), which directed amendment of subsec. (g) by striking out “(as defined in section 206B of the Gramm-Leach-Bliley Act)”, was executed by making the strike out after “security-based swap agreements” in subsec. (f), to reflect the probable intent of Congress and the redesignation of subsec. (g) as (f) by Pub. L. 111–203, § 923(b)(2)(C). See above and Effective Date of 2010 Amendment note below.
Subsec. (g). Pub. L. 111–203, § 923(b)(2)(C), redesignated subsec. (g) as (f).
2002—Subsec. (d)(1). Pub. L. 107–204 inserted “, except as otherwise provided in section 7246 of this title” before period at end.
2000—Subsec. (a)(1). Pub. L. 106–554, § 1(a)(5) [title III, § 303(k)], inserted “or security-based swap agreement (as defined in section 206B of the Gramm-Leach-Bliley Act)” after “purchasing or selling a security” in introductory provisions.
Pub. L. 106–554, § 1(a)(5) [title II, § 205(a)(4)], substituted “standardized options or security futures products, the Commission—” for “standardized options, the Commission—” in introductory provisions.
Subsec. (g). Pub. L. 106–554, § 1(a)(5) [title III, § 303(l)], added subsec. (g).
1990—Pub. L. 101–429 inserted “for insider trading” in section catchline.
Amendment by section 923(b)(2) of Pub. L. 111–203 effective 1 day after
Amendment by section 762(d)(7) of Pub. L. 111–203 effective on the later of 360 days after
Amendment by Pub. L. 101–429 effective
Section not applicable to actions occurring before
Pub. L. 112–105, § 4(b)(1),
[For definitions of “Member of Congress” and “employee of Congress”, see section 2 of Pub. L. 112–105, set out as a note under section 13101 of Title 5, Government Organization and Employees.]
Pub. L. 112–105, § 9(b)(2)(A),
[For definitions of “executive branch employee”, “judicial officer”, and “judicial employee”, see section 2 of Pub. L. 112–105, set out as a note under section 13101 of Title 5, Government Organization and Employees.]
Pub. L. 100–704, § 2, “(1) the rules and regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934 [15 U.S.C. 78a et seq.] governing trading while in possession of material, nonpublic information are, as required by such Act, necessary and appropriate in the public interest and for the protection of investors;“(2) the Commission has, within the limits of accepted administrative and judicial construction of such rules and regulations, enforced such rules and regulations vigorously, effectively, and fairly; and“(3) nonetheless, additional methods are appropriate to deter and prosecute violations of such rules and regulations.”
Pub. L. 100–704, § 3(c),