### Question
What does order of the Securities and Exchange Commission mean?


### Answer
**Order of the Securities and Exchange Commission** has the following meaning in *26 U.S.C. § 1083*:

> an order issued after May 28, 1938, by the Securities and Exchange Commission which requires, authorizes, permits, or approves transactions described in such order to effectuate section 11(b) of the Public Utility Holding Company Act of 1935 (15 U.S.C. 79k(b)), which has become or becomes final in accordance with law

#### Citation:
  - *26 U.S.C. § 1083*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter O-Gain or Loss on Disposition of Property > PART VI-EXCHANGES IN OBEDIENCE TO S.E.C. ORDERS**

