§ 51-23-16 — Cooperation with other agencies

North Dakota § 51-23-16

• Jurisdiction: North Dakota
• Title 51: Sales and Exchanges
• Ch. 51-23: Commodities Transactions

Text

1. To encourage uniform application and interpretation of this chapter and securities
regulation and enforcement in general, the commissioner and the employees of the
commissioner may cooperate, including bearing the expense of the cooperation, with
the securities agencies or administrator of another jurisdiction, Canadian province or
territory or such other agencies administering this chapter, the commodity futures
trading commission, the securities and exchange commission, any self-regulatory
organization established under the Commodity Exchange Act or the Securities
Exchange Act of 1934, any national or international organization of commodities or
securities officials or agencies, and any governmental law enforcement agency.
2. The cooperation authorized by subsection 1 includes, but need not be limited to, the
following:
a. Making joint examinations or investigations;
b. Holding joint administrative hearings;
c. Filing and prosecuting joint litigation;
d. Sharing and exchanging personnel;
e. Sharing and exchanging information and documents;
f. Formulating and adopting mutual regulations, statements of policy, guidelines,
proposed statutory changes, and releases; and
g. Issuing and enforcing subpoenas at the request of the agency administering this
chapter in another jurisdiction, the securities agency of another jurisdiction, the
commodity futures trading commission, or the securities and exchange
commission if the information sought would also be subject to lawful subpoena for
conduct occurring in this state.