Opinion of the Court
Appendix to opinion of the Court
necessary or appropriate in the public interest or for the protection of investors.”
- 15 U. S. C. §77q
“(a) Use of interstate commerce for purpose of fraud or deceit
“It shall be unlawful for any person in the offer or sale of any securities (including security-based swaps) or any security-based swap agreement… by the use of any means or instruments of transportation or communication in interstate commerce or by use of the mails, directly or indirectly—
- “(1) to employ any device, scheme, or artifice to defraud, or
- “(2) to obtain money or property by means of any untrue statement of a material fact or any omission to state a material fact necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading; or
- “(3) to engage in any transaction, practice, or course of business which operates or would operate as a fraud or deceit upon the purchaser.”
- 15 U. S. C. §78t
“(e) Prosecution of persons who aid and abet violations
“For purposes of any action brought by the Commission…, any person that knowingly or recklessly provides substantial assistance to another person in violation of a provision of this chapter, or of any rule or regulation issued under this chapter, shall be deemed in violation of such provision to the same extent as the person to whom such assistance is provided.
