# Delegation of Authority to the Director of the Division of Market Regulation
> **US Securities and Exchange Commission** · Final rule. · Published 2004-02-24 · 69 FR 8329
## Document
- **Document number:** 04-3881
- **Category:** final-rule
- **Agency:** US Securities and Exchange Commission
- **Federal Register citation:** 69 FR 8329
- **CFR reference:** 17 CFR 200
- **Publication date:** 2004-02-24
- **Docket:** Release No. 34-49259
## Abstract

The Securities and Exchange Commission ("Commission") is amending its Rules of Practice to delegate its authority to the Director of the Division of Market Regulation to grant or deny exemptions from the rule filing requirements of section 19(b) of the Securities Exchange Act of 1934 ("Exchange Act") pursuant to section 36 of the Exchange Act, in cases of a self-regulatory organization ("SRO") incorporating by reference the rules of another SRO. The delegation of authority is intended to conserve Commission resources by permitting the staff to review and act on exemptive applications under section 36 when appropriate.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2004/02/24/04-3881/delegation-of-authority-to-the-director-of-the-division-of-market-regulation)
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