Code of Federal Regulations · Section
§ 201.320 — Evidence: Admissibility
17 C.F.R. § 201.320
View:
(a) Except as otherwise provided in this section, the Commission or the hearing officer may receive relevant evidence and shall exclude all evidence that is irrelevant, immaterial, unduly repetitious, or unreliable.
(b) Subject to § 201.235, evidence that constitutes hearsay may be admitted if it is relevant, material, and bears satisfactory indicia of reliability so that its use is fair.
Authorizing Statute
-
Registration of securities15 U.S.C. § 77f
-
Special powers of Commission15 U.S.C. § 77s
-
Costs and fees of parties5 U.S.C. § 504