It shall be unlawful for any person willfully to make any untrue statement of a material fact in any registration application or report filed with the Commission under section 80b-3 or 80b-4 of this title, or willfully to omit to state in any such application or report any material fact which is required to be stated therein.

Terms Used In 15 USC 80b-7

  • Commission: means the Securities and Exchange Commission. See 15 USC 80b-2
  • Person: means a natural person or a company. See 15 USC 80b-2
  • State: means any State of the United States, the District of Columbia, Puerto Rico, the Virgin Islands, or any other possession of the United States. See 15 USC 80b-2
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