[Code of Federal Regulations] [Title 17, Volume 1] [Revised as of April 1, 2007] From the U.S. Government Printing Office via GPO Access [CITE: 17CFR170.12] [Page 598-599] TITLE 17--COMMODITY AND SECURITIES EXCHANGES CHAPTER I--COMMODITY FUTURES TRADING COMMISSION PART 170_REGISTERED FUTURES ASSOCIATIONS--Table of Contents Subpart B_Registration Statement of Futures Associations to be Submitted to the Commission Sec. 170.12 Delegation of authority to Director of the Division of Clearing and Intermediary Oversight. The Commission hereby delegates, until the Commission orders otherwise, [[Page 599]] to the Director of the Division of Clearing and Intermediary Oversight the authority to take any of the actions enumerated in Sec. Sec. 170.11 (b) and (c). Notwithstanding the provisions of this section, if the Director believes it appropriate, he may submit the matter to the Commission for its consideration. [44 FR 20651, Apr. 6, 1979, as amended at 67 FR 62353, Oct. 7, 2002]