15 U.S. Code §80b-18. Hiring and leasing authority of Commission

Section Text

The provisions of section 78d(b) of this title shall be applicable with respect to the power of the Commission—

(1) to appoint and fix the compensation of such other employees as may be necessary for carrying out its functions under this subchapter, and

(2) to lease and allocate such real property as may be necessary for carrying out its functions under this subchapter.

Editorial Notes

AMENDMENTS 1990—Pub. L. 101–550 amended section generally. Prior to amendment, section related to appointment and compensation of employees. 1949—Act Oct. 28, 1949, substituted "Classification Act of 1949" for "Classification Act of 1923".REPEALS Act Oct. 28, 1949, ch. 782, cited as a credit to this section, was repealed (subject to a savings clause) by Pub. L. 89–554, Sept. 6, 1966, §8, 80 Stat. 632, 655.TRANSFER OF FUNCTIONS For transfer of functions of Securities and Exchange Commission, with certain exceptions, to Chairman of such Commission, see Reorg. Plan No. 10 of 1950, §§1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 1265, set out under section 78d of this title.

Citation

15 U.S.C. § 80b-18 (2018)