§ 39-73-335. Cooperation with other jurisdictions; joint action.

211 words·~1 min read·/sc/title-39-trade-and-commerce/chapter-73/state-commodity-code/39-73-335·

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(A)To encourage uniform application and interpretation of this chapter and securities regulation and enforcement in general, the administrator and his employees may cooperate, including bearing the expense of the cooperation, with the securities agencies or administrator of another jurisdiction, the Canadian province or territory, or other agencies administering this chapter, the Commodity Futures Trading Commission, the Securities and Exchange Commission, a self-regulatory organization established under the Commodity Exchange Act or the Securities Exchange Act of 1934, a national or an international organization of commodities or securities officials or agencies, and a governmental law enforcement agency.

(B)The cooperation authorized by subsection

(A)includes, but is not limited to:

(1)making joint examinations or investigations;

(2)holding joint administrative hearings;

(3)filing and prosecuting joint litigation;

(4)sharing and exchanging personnel;

(5)sharing and exchanging information and documents;

(6)formulating and adopting mutual regulations, statements of policy, guidelines, proposed statutory changes, and releases;

(7)issuing and enforcing subpoenas at the request of the agency administering this chapter in another jurisdiction, the securities agency of another jurisdiction, the Commodity Futures Trading Commission, or the Securities and Exchange Commission if the information sought also is subject to lawful subpoena for conduct occurring in this State.