Final Rule
Delegation of Authority to Director of the Division of Enforcement
Overview
The Securities and Exchange Commission ("Commission') is amending its rules to delegate to the Director of the Division of Enforcement the authority to appoint distribution fund administrators in enforcement administrative proceedings from a Commission-approved pool of administrators, and to set the amount of, or waive for good cause shown, the administrator's bond required by Rule 1105(c) of the Commission's rules on Fair Fund and Disgorgement Plans.
Details
Rule Type
Final
Release Number
34-70049
SEC Issue Date
July 26, 2013
Effective Date
August 1, 2013
Federal Register Publish Date
Aug. 1, 2013
Document Citation
78 FR 46498