Securities Lawyer's Deskbook
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The
Investment Company Act of 1940





Section 50-- Construction with Other Laws


Except where specific provision is made to the contrary, nothing in this title shall affect (1) the jurisdiction of the Commission under the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the Trust Indenture Act of 1939, or title II of this Act [15 USCS § § 80b-1 et seq.], over any person, security, or transaction, or (2) the rights, obligations, duties, or liabilities of any person under such Acts; nor shall anything in this title affect the jurisdiction of any other commission, board, agency, or officer of the United States or of any State or political subdivision of any State, over any person, security, or transaction, insofar as such jurisdiction does not conflict with any provision of this title or of any rule, regulation, or order hereunder.


Legislative History


Aug. 22, 1940, ch 686, Title I, § 50, 54 Stat. 846.


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