Laws: Cases and Codes : U.S. Code : Title 15 : Section 78ll
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U.S. Code as of:
01/19/04
Section 78ll - Notes
SOURCE
(June 6, 1934, ch. 404, title I, Sec. 35A, as added Pub. L.
100-181, title I, Sec. 102, Dec. 4, 1987, 101 Stat. 1249; amended
Pub. L. 105-353, title II, Sec. 202, Nov. 3, 1998, 112 Stat. 3234.)
AMENDMENTS
1998 - Subsecs. (a) to (c). Pub. L. 105-353, Sec. 202(1), struck
out subsecs. (a) to (c) which: in subsec. (a) required
certifications and reports as prerequisite to obligation or
expenditure of funds for establishment or operation of EDGAR
system, and provided that former section 78kk(b) amounts were to be
exclusive source of funds for systems procurement and operation; in
subsec. (b) required report on status of EDGAR development,
implementation, and progress to certain Congressional committees at
six-month intervals; and in subsec. (c) required certification to
Congressional committees of total costs, cost/benefit analysis,
assurances of compliance, capabilities of system, competence of
personnel, and review of test group filings prior to entering into
contract for EDGAR system.
Subsec. (d). Pub. L. 105-353, Sec. 202(2), struck out "(d)"
before "The Commission" in introductory provisions, in par. (2)
substituted period for "; and" at end, and struck out par. (3)
which read as follows: "shall require all persons who make any
filing with the Commission, in addition to complying with such
other rules concerning the form and manner of filing as the
Commission may prescribe, to submit such filings in written or
printed form -
"(A) for a period of at least one year after the effective date
specified for such person or class under paragraph (2); or
"(B) for a shorter period if the Commission determines that the
EDGAR system (i) is reliable, (ii) provides a suitable
alternative to such written and printed filings, and (iii)
assures that the provision of information through the EDGAR
system is as effective and efficient for filers, users, and
disseminators as provision of such information in written or
printed form."
Subsec. (e). Pub. L. 105-353, Sec. 202(1), struck out subsec. (e)
which read as follows: "For the purposes of carrying out its
responsibilities under subsection (d)(3) of this section, the
Commission shall consult with representatives of persons filing,
disseminating, and using information contained in filings with the
Commission."
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