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Delegation of Authority to Director of Division of Enforcement

SEC · final-rule · Published 1996-05-08 · Effective 1996-05-08 · 61 FR 20721

Document

Document number
96-11451
Federal Register citation
61 FR 20721
CFR reference
17 CFR 200
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
1996-05-08
Effective date
1996-05-08
Docket
Release No. 34-37159

Abstract

The Commission is amending its rules to delegate authority to the Director of the Division of Enforcement to authorize staff to appear in federal bankruptcy court where the debtor is involved with the subject matter of a Commission investigation, and to take necessary action therein to preserve potential Commission claims. This amendment will expedite and enhance the effectiveness of the enforcement process by enabling staff to meet bankruptcy court deadlines that affect potential Commission claims and to preserve and protect such claims.

Source

Authoritative
Federal Register document
Machine
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