Top Summary
This section amends the Securities Act of 1933 by expanding the authority under Section 28 to allow exemptions through rule, regulation, or order, rather than just by rule or regulation.
Original Bill Text:
SEC. 306.Exemptive authority.
Section 28 of the Securities Act of 1933 (15 U.S.C. 77z–3) is amended by striking “by rule or regulation” and inserting “by rule, regulation, or order”.