SEC releases are available in the following sources:
An individual or entity who is not certain whether a particular product, service, or action would constitute a violation of the federal securities laws may request a "no-action" letter from the SEC staff. Most no-action letters describe the request, analyze the particular facts and circumstances involved, discuss applicable laws and rules, and, if the staff grants the request for no action, concludes that the SEC staff would not recommend that the Commission take enforcement action against the requester based on the facts and representations described in the individual's or entity's original letter.
No-action letters are available in the following sources: