54 STAT.] 76rH CONG. , 3D SESS.-CH. 686-AUG. 22, 1940 defendant is an inhabitant or maintains his principal office or place of business. Any suit or action to enforce any liability or duty cre- ated by, or to enjoin any violation of, this title or rules, regulations, or orders thereunder, may be brought in any such district or in the district wherein the defendant is an inhabitant or transacts business, and process in such cases may be served in any district of which the defendant is an inhabitant or transacts business or wherever the defendant may be found. Judgments and decrees so rendered shall be subject to review as provided in sections 128 and 240 of the Judi- cial Code, as amended, and section 7, as amended, of the Act entitled "An Act to establish a court of appeals for the District of Colum- bia", approved February 9, 1893. No costs shall be assessed for or against the Commission in any proceeding under this title brought by or against the Commission in any court. INFORMATION FILED WITH COMdMISSION SEC. 45. (a) The information contained in any registration state- ment, application, report, or other document filed with the Commis- sion pursuant to any provision of this title or of any rule or regu- lation thereunder (as distinguished from any information or docu- ment transmitted to the Commission) shall be made available to the public, unless and except insofar as the Commission, by rules and regulations upon its own motion, or by order upon application, finds that public disclosure is neither necessary nor appropriate in the public interest or for the protection of investors. It shall be unlawful for any member, officer, or employee of the Commission to use for personal benefit, or to disclose to any person other than an official or employee of the United States or of a State, for official use, or for any such official or employee to use for personal benefit, any infor- mation contained in any document so filed or transmitted, if such information is not available to the public. (b) Photostatic or other copies of information contained in docu- ments filed with the Commission under this title and made available to the public shall be furnished any person at such reasonable charge and under such reasonable limitations as the Commission shall prescribe. ANNUAL REPORTS OF COMMISSION; EMPLOYEES OF THE COMMISSION SEC. 46. (a) The Commission shall submit annually a report to the Congress covering the work of the Commission for the preceding year and including such information, data, and recommendations for further legislation in connection with the matters covered by this title as it may find advisable. (b) For the purposes of this title, the Commission may select, employ, and fix the compensation of such attorneys, examiners, and other experts as shall be necessary for the transaction of the business of the Commission in respect of this title without regard to the pro- visions of other laws applicable to the employment and compen- sation of officers or employees of the United States; and the Com- mission may, subject to the civil-service laws, appoint such other officers and employees as are necessary in the execution of the func- tions of the Commission and fix their salaries in accordance with the Classification Act of 1923, as amended. VALIDITY OF CONTRACTS SEC. 47. (a) Any condition, stipulation, or provision binding any person to waive compliance with any provision of this title or with any rule, regulation, or order thereunder shall be void. 845 Action to enforce any liability, etc. Judgments, etc. , subject to review. 36 8tat. 1133 ,1157. 28U.8.0.1i225, 347; Supp. V, s 225, 347. 27 Stat. 435 . 18D. C. Code 126. Availability to pub- lic. Use for personal benefit, etc. Sale of photestatic etc., copies. Annual reports. Employment of ex- perts. 42 Stat. 1488. 5U. S. . i. s661-474; Supp. V, 9i 673, 673e. Void eonditions, etc.
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