Sec. 103. Organization of Commission
102 words·~1 min read·
/bill/113/hr/3012/ih/section-103·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Commission shall establish the principal divisions and subdivisions of the Commission, including, at a minimum, the following three divisions: A Markets and Trading Division with oversight of market conduct and utilities, the conduct of market professionals, and self-regulatory organizations with regard to such market professionals, including related examination functions. An Issuers and Financial Disclosures Division with oversight of the issuance of securities, including investment companies and related rules and examinations.
An Enforcement Division responsible for the enforcement of all rules of the Commission. The Commission may establish such other offices as it determines useful in the conduct of the Commission’s affairs.