# 17 C.F.R. § 205.7 (2026): No private right of action

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_7

## Section

- **Citation:** 17 C.F.R. § 205.7 (2026)
- **Heading:** No private right of action
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 17 CFR: Commodity and Securities Exchanges / Chapter II: SECURITIES AND EXCHANGE COMMISSION / Part 205: STANDARDS OF PROFESSIONAL CONDUCT FOR ATTORNEYS APPEARING AND PRACTICING BEFORE THE COMMISSION IN THE REPRESENTATION OF AN ISSUER / § 205.7: § 205.7   No private right of action.

## Text

(a) Nothing in this part is intended to, or does, create a private right of action against any attorney, law firm, or issuer based upon compliance or noncompliance with its provisions.
(b) Authority to enforce compliance with this part is vested exclusively in the Commission.

## Nearby sections

- [17 C.F.R. § 205.1 (2026) § 205.1   Purpose and scope.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_1.md)
- [17 C.F.R. § 205.2 (2026) § 205.2   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_2.md)
- [17 C.F.R. § 205.3 (2026) § 205.3   Issuer as client.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_3.md)
- [17 C.F.R. § 205.4 (2026) § 205.4   Responsibilities of supervisory attorneys.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_4.md)
- [17 C.F.R. § 205.5 (2026) § 205.5   Responsibilities of a subordinate attorney.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_5.md)
- [17 C.F.R. § 205.6 (2026) § 205.6   Sanctions and discipline.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_6.md)
- [17 C.F.R. § 205.7 (2026) § 205.7   No private right of action.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_7.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_7. Check the current official text before relying on it. Not legal advice.