CFR › Title 17 › Part 240 › §240.12a-1117 CFR §240.12a-11Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗Copy link(a)The provisions of Section 12(a) of the Act (15 U.S.C. 78l(a)) do not apply to any security-based swap offered and sold in reliance on § 230.240 of this chapter.(b)This section will expire on February 11, 2018.