{"data":{"id":"us-dc/d.c.-code-31-5604.04","jurisdiction":"us-dc","citation":"D.C. Code § 31-5604.04","heading":"Revocation of exemptions.","body":"(a)\nThe Commissioner may, by order, deny or revoke an exemption specified in § 31-5604.01(7), (8), (10) or (12) or in § 31-5604.02 for any security or transaction.\n\n(b)\nAn order issued under this section shall not be retroactive. A person shall not violate § 31-5603.01, § 31-5603.07, or § 31-5604.05 by reason of an offer to sell or sale effected after the entry of an order under this section if the person did not know and, in the exercise of reasonable care could not have known, of the order.","path":["Title 31. Insurance and Securities.","Chapter 56. Securities.","Subchapter IV. Exemption from Registration."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/31-5604.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"d906c2214dc45bee505e6cd3f5cb4955a5352356492a8a6cc7b61e2f71a31ff7","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-31-5604.03","next":"us-dc/d.c.-code-31-5604.05"},"notice":"GroundRules: Original legal text. Not legal advice."}