### Question
What does illegal act mean?


### Answer
**Illegal act** has the following meaning in *15 U.S.C. § 78j*:

> an act or omission that violates any law, or any rule or regulation having the force of law

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

