Unlawful acts and omissions; breach of fiduciary duty

15 U.S. Code § 689n. Unlawful acts and omissions; breach of fiduciary duty

(a) Parties deemed to commit a violation
Whenever any New Markets Venture Capital company violates any provision of this chapter, of a regulation issued under this chapter, or of a participation agreement entered into under this chapter, by reason of its failure to comply with its terms or by reason of its engaging in any act or practice that constitutes or will constitute a violation thereof, such violation shall also be deemed to be a violation and an unlawful act committed by any person who, directly or indirectly, authorizes, orders, participates in, causes, brings about, counsels, aids, or abets in the commission of any acts, practices, or transactions that constitute or will constitute, in whole or in part, such violation.
This document is only available to subscribers. Please log in or purchase access.