---
kind: "section"
citation: "15 U.S.C. § 78hhh"
title: "15"
title_heading: "Commerce and Trade"
number: "78hhh"
heading: "Examining authority functions"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/78hhh"
units:
  - "Chapter 2B–1 — Securities Investor Protection"
---

# §78hhh. Examining authority functions


Each member of SIPC shall file with such member’s [examining authority](/usc/15/78lll.md?p=6), or collection agent if a collection agent has been designated pursuant to [section 78iii(a) of this title](/usc/15/78iii.md?p=a), such information (including reports of, and information with respect to, the [gross revenues from the securities business](/usc/15/78lll.md?p=9) of such member, including the composition thereof, transactions in [securities](/usc/15/78lll.md?p=14) effected by such member, and other information with respect to such member’s activities, whether in the [securities](/usc/15/78lll.md?p=14) business or otherwise, including [customer](/usc/15/78lll.md?p=2-A) accounts maintained, net capital employed, and activities conducted) as SIPC may determine to be necessary or appropriate for the purpose of making assessments under [section 78ddd of this title](/usc/15/78ddd.md). The [examining authority](/usc/15/78lll.md?p=6) or collection agent shall file with SIPC all or such part of such information (and such compilations and analyses thereof) as SIPC, by bylaw or rule, shall prescribe. No application, report, or document filed pursuant to this section shall be deemed to be filed pursuant to [section 78r of this title](/usc/15/78r.md).


## Source credit

(Pub. L. 91–598, § 12, formerly § 8, Dec. 30, 1970, 84 Stat. 1653; renumbered § 12 and amended Pub. L. 95–283, §§ 9, 11, May 21, 1978, 92 Stat. 260, 268.)

## Notes

### Editorial Notes

### Prior Provisions

A prior section 12 of Pub. L. 91–598 was renumbered section 16 and is classified to section 78lll of this title.

### Amendments

1978—Pub. L. 95–283 inserted provisions relating to applicability to a collection agent.