### Question
How does SECURITIES EXCHANGES define issuer?


### Answer
Under *15 U.S.C. § 78j*, **issuer** is defined as:

> an issuer (as defined in section 78c of this title), the securities of which are registered under section 78*l* of this title, or that is required to file reports pursuant to section 78*o*(d) of this title, or that files or has filed a registration statement that has not yet become effective under the Securities Act of 1933 (15 U.S.C. 77a et seq.), and that it has not withdrawn

#### Citation:
  - *15 U.S.C. § 78j*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

