OR · 15usc78j:transaction
Statutory transaction connection is shared across postures and includes the alternative security-based-swap-agreement branch. Purchaser/seller standing is a separate private-only requirement, not the meaning of this nexus. The source's subsection (b) says securities-based, while its concluding extension says security-based; both spellings are preserved.
Exact element source
in connection with the purchase or sale of any security registered on a national securities exchange or any security not so registeredSource:
docroot/ir/usc/title15.jsonl#title15_sec78j; Unicode character offsets [672:806] (end exclusive); SHA-256 8ceaded2a57e5b49e22a4766033c8899ebfd730667700a031b8db7f80ea91e32.or any securities-based swap agreementSource:
docroot/ir/usc/title15.jsonl#title15_sec78j; Unicode character offsets [808:846] (end exclusive); SHA-256 8ceaded2a57e5b49e22a4766033c8899ebfd730667700a031b8db7f80ea91e32.All variants
No variants recorded in this snapshot.
How courts decided this element
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Court interpretations
interpretation
(3) a connection with the purchase or sale of a security, see Blue Chip Stamps, supra, at 730-731;
/us/544/0336-01 — Supreme Court of the United States · 2005
(3) a connection with the purchase or sale of a security, see Blue Chip Stamps, supra, at 730-731;Source:
docroot/ir/caselaw/us_544.jsonl#/us/544/0336-01; Unicode character offsets [5661:5759] (end exclusive); SHA-256 d3babb1f78e697e8ce54ae719d486a42c4f4c9380530b739819d197987015075.Statutory transaction connection is shared across postures and includes the alternative security-based-swap-agreement branch. Purchaser/seller standing is a separate private-only requirement, not the meaning of this nexus. The source's subsection (b) says securities-based, while its concluding extension says security-based; both spellings are preserved.