Federal and State courts; venue; service of
process; review; removal; costs
The district courts of the United States and the United States courts
of any Territory shall have jurisdiction of offenses and violations under
this title and under the rules and regulations promulgated by the Commission
in respect thereto, and, concurrent with State and Territorial courts, except
as provided in section 16 with respect to covered
class actions, of all suits in equity and actions at law brought to enforce
any liability or duty created by this title. Any such suit or action may be
brought in the district wherein the defendant is found or is an inhabitant
or transacts business, or in the district where the offer or sale took place,
if the defendant participated therein, and process in such cases may be served
in any other district of which the defendant is an inhabitant or wherever
the defendant may be found. Judgments and decrees so rendered shall be subject
to review as provided in sections 1254, 1291, 1292, and 1294 of title 28,
United States Code. Except as provided in section 16(c), no case arising under
this title and brought in any State court of competent jurisdiction shall
be removed to any court of the United States. No costs shall be assessed for
or against the Commission in any proceeding under this title brought by or
against it in the Supreme Court or such other courts.
Contumacy or refusal to obey subpena; contempt
In case of contumacy or refusal to obey a subpena issued to any person,
any of the said United States courts, within the jurisdiction of which said
person guilty of contumacy or refusal to obey is found or resides, upon application
by the Commission may issue to such person an order requiring such person
to appear before the Commission, or one of its examiners designated by it,
there to produce documentary evidence if so ordered, or there to give evidence
touching the matter in question; and any failure to obey such order of the
court may be punished by said court as a contempt thereof.
May 27, 1933, ch 38, Title I, § 22, 48 Stat. 86; Aug. 10, 1954, ch 667, Title
I, § 11, 68 Stat. 686; Oct. 15, 1970, P.L. 91-452, Title II, § 213, 84 Stat. 929;
Dec. 4, 1987, P.L. 100-181, Title II, § 209, 101 Stat. 1253; Nov. 3, 1998, P.L.
105-353, Title I, § 101(a)(3), 112 Stat. 3230.
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