Page:United States Statutes at Large Volume 104 Part 4.djvu/397

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

PUBLIC LAW 101-550 —NOV. 15, 1990 104 STAT. 2713 Public Law 101-550 101st Congress An Act To amend the Federal securities laws in order to facilitate cooperation between the United States and foreign countries in securities law enforcement. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the "Securities Acts Amendments of 1990". TITLE I—AUTHORIZATION 'Securities and Exchange Commis- SEC. 101. SHORT TITLE. This title may be cited as the sion Authorization Act of 1990". SEC. 102. AUTHORIZATION OF APPROPRIATIONS. Section 35 of the Securities Exchange Act of 1934 (15 U.S.C. 78kk) is amended to read as follows: Nov. 15, 1990 [H.R. 1396] Securities Acts Amendments of 1990. 15 USC 78a note. Securities and Exchange Commission Authorization Act of 1990. AUTHORIZATION OF APPROPRIATIONS "SEC. 35. There are authorized to be appropriated to carry out the functions, powers, and duties of the Commission— "(1) $178,023,000 for the fiscal year ending September 30, 1990; and "(2) $212,609,000 for the fiscal year ending September 30, 1991.". SEC. 103. LEASING AUTHORITY OF SECURITIES AND EXCHANGE COMMIS- SION. Section 4(b) of the Securities Exchange Act of 1934 (15 U.S.C. 78dOb)) is amended— (1) by striking "(h)" and inserting the following: "(b) APPOINTMENT AND COMPENSATION OF STAFF AND LEASING AUTHORITY.— " (1) APPOINTMENT AND COMPENSATION. —"; and (2) by adding the end the following new paragraph: "(2) LEASING AUTHORITY. —Notwithstanding any other provision of law, the Commission is authorized to enter directly into leases for real property for office, meeting, storage, and such other space as is necessary to carry out its functions, and shall be exempt from any General Services Administration space management regulations or directives.". SEC. 104. CONFORMING AMENDMENTS. (a) THE PUBLIC UTIUTY HOLDING COMPANY ACT OF 1935. —Section 31 of the Public Utility Holding Company Act of 1935 (15 U.S.C. 79z-5) is amended to read as follows: Real property acquisition.