551.608 Uniformity and cooperation with other agencies.
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/wi/chapter-551/551-608A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
551.608 Uniformity and cooperation with other agencies.
(1)Objective of uniformity. The administrator shall, in its discretion, cooperate, coordinate, consult, and, subject to s. 551.607 , share records and information with the securities regulator of another state, Canada, a Canadian province or territory, a foreign jurisdiction, the Securities and Exchange Commission, the United States Department of Justice, the Commodity Futures Trading Commission, the Federal Trade Commission, the Securities Investor Protection Corporation, a self-regulatory organization, a national or international organization of securities regulators, a federal or state banking or insurance regulator, and a governmental law enforcement agency to effectuate greater uniformity in securities matters among the federal government, self-regulatory organizations, states, and foreign governments.
(2)Policies to consider. In cooperating, coordinating, consulting, and sharing records and information under this section and in acting by rule, order, or waiver under this chapter, the administrator shall, in its discretion, take into consideration in carrying out the public interest the following general policies:
(a)Maximizing effectiveness of regulation for the protection of investors.
(b)Maximizing uniformity in federal and state regulatory standards.
(c)Minimizing burdens on the business of capital formation, without adversely affecting essentials of investor protection.