US Code

Public Law 119-102 (07/12/2026)

15 U.S.C. § 80a–45

Reports by Commission; hiring and leasing authority

Section text and notes

(a)

Omitted

(b)

Hiring and leasing authority

section 78d(b) of this titleThe provisions of shall be applicable with respect to the power of the Commission—
(1)
to appoint and fix the compensation of such employees as may be necessary for carrying out its functions under this subchapter, and
(2)
to lease and allocate such real property as may be necessary for carrying out its functions under this subchapter.

Aug. 22, 1940, ch. 686 54 Stat. 845 Oct. 28, 1949, ch. 782 63 Stat. 972 Pub. L. 101–550, title I, § 104(c)104 Stat. 2714 (, title I, § 46, ; , title XI, § 1106(a), ; , , .)

Editorial Notes

Codification

section 3003 of Pub. L. 104–66section 1113 of Title 31Subsection (a), which required the Securities and Exchange Commission to submit an annual report to Congress on the work of the Commission, terminated, effective , pursuant to , as amended, set out as a note under , Money and Finance. See, also, page 191 of House Document No. 103–7.

Amendments

Pub. L. 101–5501990—Subsec. (b). amended subsec. (b) generally. Prior to amendment, subsec. (b) related to appointment and compensation of employees.

1949—Subsec. (b). Act , substituted “Classification Act of 1949” for “Classification Act of 1923”.

Statutory Notes and Related Subsidiaries

Repeals

Act Oct. 28, 1949, ch. 782 Pub. L. 89–55480 Stat. 632 , set out in the credit of this section, was repealed (subject to a savings clause) by , , § 8, , 655.

Executive Documents

Transfer of Functions

64 Stat. 1265 section 78d of this titleFor transfer of functions of Securities and Exchange Commission, with certain exceptions, to Chairman of such Commission, see Reorg. Plan No. 10 of 1950, §§ 1, 2, eff. , 15 F.R. 3175, , set out under .