Final Rule
Delegations of Authority to the Director of Its Division of Enforcement
Overview
The Securities and Exchange Commission ("Commission') is amending its rules to delegate authority to the Director of the Division of Enforcement ("Division') to submit witness immunity order requests to the Department of Justice for witnesses who have provided or have the potential to provide substantial assistance in the Commission's investigations and related enforcement actions. This delegation is intended to conserve Commission resources, enhance the Division's ability to detect violations of the federal securities laws, increase the effectiveness and efficiency of the Division's investigations, and improve the success of the Commission's enforcement actions.
Resources
Details
Rule Type
Final
Release Number
34-61339
SEC Issue Date
Jan. 13, 2010
Effective Date
January 19, 2010
Federal Register Publish Date
Jan. 19, 2010
Document Citation
75 FR 3121