§ 23-2-6-35 — Cooperation with other authorities

Indiana § 23-2-6-35

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 2: SECURITIES AND FRANCHISES
• Ch. 6: Indiana Commodity Code

Text

(a) In order to encourage uniform application
and interpretation of this chapter and in order to encourage securities
regulation and enforcement, the commissioner and the commissioner's
employees may cooperate with any of the following:
(1) A securities or commodities agency or the securities
commissioner of any other jurisdiction, including any foreign
jurisdiction.
(2) An agency administering any laws similar to this chapter.
(3) The Commodity Futures Trading Commission.
(4) The Securities and Exchange Commission.
(5) A self-regulatory organization established under the
Commodity Exchange Act or the Securities Exchange Act of
1934.
(6) A national or international organization of commodities or
securities officials or agencies.
(7) A governmental law enforcement agency.
(b) The cooperation authorized by subsection (a) may include the
following if the information sought would be subject to lawful
subpoena for conduct occurring in Indiana:
(1) Bearing the expense of any type of cooperation described in
this subsection.
(2) Making joint examinations or investigations.
(3) Holding joint administrative hearings.
(4) Filing and prosecuting joint litigation.
(5) Sharing and exchanging personnel.
(6) Sharing and exchanging information and documents.
(7) Writing and adopting mutual regulations, statements of policy,
guidelines, proposed statutory changes, and releases.
(8) Issuing and enforcing subpoenas at the request of any of the
following:
(A) An agency in another jurisdiction that administers a law
similar to this chapter.
(B) A securities or commodities agency of another jurisdiction.
(C) The Commodity Futures Trading Commission.
(D) The Securities and Exchange Commission.

Legislative History

As added by P.L.177-1991, SEC.10.