Code of Federal Regulations (Last Updated: February 15, 2024) |
Title 17 - Commodity and Securities Exchanges |
Chapter II - Securities and Exchange Commission |
Part 205 - Standards of Professional Conduct for Attorneys Appearing and Practicing Before the Commission in the Representation of an Issuer |
§ 205.7 - No private right of action.
Latest version.
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§ 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.