[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: 17CFR201.61]

[Page 143]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER II--SECURITIES AND EXCHANGE COMMISSION
 
PART 201--RULES OF PRACTICE--Table of Contents
 
Subpart C--Procedures Pertaining to the Payment of Bounties Pursuant to 
        Subsection 21A(e) of the Securities Exchange Act of 1934
 
Sec. 201.61  Scope of subpart.

    Authority: 15 U.S.C. 78u-1 and 78w.

    Source: 54 FR 28799, July 10, 1989, unless otherwise noted.


    Section 21A of the Securities Exchange Act of 1934 authorizes the 
courts to impose civil penalties for certain violations of that Act. 
Subsection 21A(e) permits the Commission to award bounties to persons 
who provide information that leads to the imposition of such penalties. 
Any such determination, including whether, to whom, or in what amount to 
make payments, is in the sole discretion of the Commission. This subpart 
sets forth procedures regarding applications for the award of bounties 
pursuant to subsection 21A(e). Nothing in this subpart shall be deemed 
to limit the discretion of the Commission with respect to determinations 
under subsection 21A(e) or to subject any such determination to judicial 
review.