[Code of Federal Regulations]
[Title 17, Volume 2]
[Revised as of April 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR200.30-6a]

[Page 39-40]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER II--SECURITIES AND EXCHANGE COMMISSION
 
PART 200--ORGANIZATION; CONDUCT AND ETHICS; AND INFORMATION AND REQUESTS--Table of Contents
 
             Subpart A--Organization and Program Management
 
Sec. 200.30-6a  Delegation of authority to District Administrators.

    Pursuant to the provisions of Pub. L. 87-592, 76 Stat. 394, 15 
U.S.C. 78d-1, the Securities and Exchange Commission hereby delegates, 
until the Commission orders otherwise, the following functions to each 
District Administrator, to be performed by him or her or under his or 
her direction by such person or persons as may be designated from time 
to time by the Chairman of the Commission:
    (a) With respect to the Securities Exchange Act of 1934 (15 U.S.C. 
78a et seq.):
    (1) Pursuant to section 15(b)(2)(C) of the Act (15 U.S.C. 
78o(b)(2)(C)):
    (i) To delay until the second six-month period from registration 
with the Commission the inspection of newly registered broker-dealers 
that have not commenced actual operations within six months of their 
registration with the Commission; and
    (ii) To delay until the second six-month period from registration 
with the Commission the inspection of newly registered broker-dealers to 
determine whether they are in compliance with applicable provisions of 
the Act and rules thereunder, other than financial responsibility rules.
    (2) Pursuant to Rule 0-4 (Sec. 240.0-4 of this chapter), to disclose 
to the Comptroller of the Currency, the Board of Governors of the 
Federal Reserve System and the Federal Deposit Insurance Corporation and 
to the state banking authorities, information and documents deemed 
confidential regarding registered clearing agencies and registered 
transfer agents, Provided That, in matters in which the Commission has 
entered a formal order of investigation, such disclosure shall be made 
only with the concurrence of the Director of the Division of Enforcement 
or his or her delegate and the General Counsel or his or her delegate.
    (b) With respect to the Investment Advisers Act of 1940 (15 U.S.C. 
80b-1 et seq.): Pursuant to Rule 204-2(j)(3)(ii) (Sec. 275.204-
2(j)(3)(ii) of this chapter), to make written demands upon non-resident 
investment advisers subject to the provisions of such rule to furnish to 
the Commission true, correct, complete and current copies of any or all 
books and records which such non-resident investment advisers are 
required to make, keep current or preserve pursuant to any provisions of 
any rule or regulation of the Commission adopted under the Investment 
Advisers Act of 1940, or any part of such books and records which may be 
specified in such demand.
    (c) In nonpublic investigatory proceedings within the responsibility 
of the District Administrator, to grant requests of persons to procure 
copies of the transcript of their testimony given pursuant to Rule 6 of 
the Commission Rules Relating to Investigations (Sec. 203.6 of this 
chapter).
    (d) To notify the Securities Investor Protection Corporation 
(``SIPC'') of facts concerning the activities and the operational and 
financial condition of any registered broker or dealer which is or 
appears to be a member of SIPC and which is in or approaching financial 
difficulty within the meaning of Section 4 of the Securities Investor 
Protection Act of 1970 as amended (15 U.S.C. 78aaa et seq.).

[[Page 40]]

    (e) Notwithstanding anything in the foregoing, in any case in which 
the District Administrator believes it appropriate, he or she may submit 
the matter to the Commission.

[59 FR 5943, Feb. 9, 1994]