---
kind: "section"
citation: "15 U.S.C. § 77n"
title: "15"
title_heading: "Commerce and Trade"
number: "77n"
heading: "Contrary stipulations void"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/77n"
units:
  - "Chapter 2A — Securities and Trust Indentures"
  - "Subchapter I — Domestic Securities"
---

# §77n. Contrary stipulations void


Any condition, stipulation, or provision binding any [person](/usc/15/77b.md?p=a-2) acquiring any [security](/usc/15/77b.md?p=a-1) to waive compliance with any provision of this subchapter or of the rules and regulations of the [Commission](/usc/15/77b.md?p=a-5) shall be void.


## Source credit

(May 27, 1933, ch. 38, title I, § 14, 48 Stat. 84.)

## Notes

### Executive Documents

### 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.