17 C.F.R. § 230.507 Disqualifying provision relating to exemptions under §§230.504, 230.505 and 230.506.
Title 17 - Commodity and Securities Exchanges
(a) No exemption under §230.505, §230.505 or §230.506 shall be available for an issuer if such issuer, any of its predecessors or affiliates have been subject to any order, judgment, or decree of any court of competent jurisdiction temporarily, preliminary or permanently enjoining such person for failure to comply with §230.503. (b) Paragraph (a) of this section shall not apply if the Commission determines, upon a showing of good cause, that it is not necessary under the circumstances that the exemption be denied. [54 FR 11374, Mar. 20, 1989]
Title 17: Commodity and Securities Exchanges
PART 230—GENERAL RULES AND REGULATIONS, SECURITIES ACT OF 1933
§ 230.507 Disqualifying provision relating to exemptions under §§230.504, 230.505 and 230.506.
