Delegation of Authority to the General Counsel of the Commission
SEC · final-rule · Published 2002-09-03 · 67 FR 56219
Document
Document number
02-22302
Federal Register citation
67 FR 56219
CFR reference
17 CFR 200
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
2002-09-03
Docket
Release No. 34-46418
Abstract
The Securities and Exchange Commission ("Commission") is amending its rules to delegate authority to the General Counsel to issue orders raising in any Commission-instituted proceeding the matter of whether any sanction, and if so what sanction, should be imposed in the public interest. This delegation is intended to conserve Commission resources, as well as expedite the resolution of reviews of those proceedings.