7 TAC §133.36
(Editor's note: The text of the following section proposed for
repeal will not be published. The section may be examined in the offices of
the State Securities Board or in the Texas Register office, Room 245, James
Earl Rudder Building, 1019 Brazos Street, Austin.)
The Texas State Securities Board proposes the repeal
of §133.36, a form concerning a request for reduced fees for certain
persons registered in multiple capacities. The repeal of the existing form
would allow for the simultaneous adoption of a new form, which is being concurrently
proposed.
Micheal Northcutt, Director, Registration Division, has determined that
for the first five-year period the repeal is in effect there will be no foreseeable
fiscal implications for state or local government as a result of enforcing
or administering the repeal.
Mr. Northcutt also has determined that for each year of the first five
years the repeal is in effect the public benefit anticipated as a result of
enforcing the repeal will be the elimination of an outdated form. There will
be no effect on micro- or small businesses. There is no anticipated economic
cost to persons who are required to comply with the repeal as proposed. There
is no anticipated impact on local employment.
Comments on the proposal to be considered by the Board should be submitted
in writing within 30 days after publication of the proposal in the
Texas Register
. Comments should be sent to David Weaver, State Securities
Board, P.O. Box 13167, Austin, Texas 78711-3167, or sent by facsimile to (512)
305-8310.
Statutory authority: Texas Civil Statutes, Articles 581-28-1
and 581-42.B. Section 28-1 provides the Board with the authority to adopt
rules and regulations necessary to carry out and implement the provisions
of the Texas Securities Act, including rules and regulations governing registration
statements and applications; defining terms; classifying securities, persons,
and matters within its jurisdiction; and prescribing different requirements
for different classes. Section 42.B provides the Board with the authority
to adopt rules reducing fees for persons registered in two or more capacities.
Cross-reference to Statute: Texas Civil Statutes, Article 581-42.B
Statutes and codes affected: Texas Civil Statutes, Articles 581-35, 581-41,
and 581-42.
§133.36.Request for Reduced Fees for Certain Persons Registered in Multiple Capacities.
This agency hereby certifies that the proposal has been
reviewed by legal counsel and found to be within the agency's legal authority
to adopt.
Filed with the Office of
the Secretary of State on August 4, 2006.
TRD-200604034
Denise Voigt Crawford
Securities Commissioner
State Securities Board
Earliest possible date of adoption: September 17, 2006
For further information, please call: (512) 305-8303
7 TAC §133.36
The Texas State Securities Board proposes new §133.36,
a form concerning a request for reduced fees for certain persons registered
in multiple capacities. The new section adopts by reference a form which updates
cross references to the rules that set out the criteria and procedure for
using this form. The existing form 133.36 is being concurrently proposed for
repeal.
Micheal Northcutt, Director, Registration Division, has determined that
for the first five-year period the rule is in effect there will be no foreseeable
fiscal implications for state or local government as a result of enforcing
or administering the rule.
Mr. Northcutt also has determined that for each year of the first five
years the rule is in effect the public benefit anticipated as a result of
enforcing the rule will be that the form will accurately reference the rules
regarding use of the form to request reduced fees. There will be no effect
on micro- or small businesses. There is no anticipated economic cost to persons
who are required to comply with the rule as proposed. There is no anticipated
impact on local employment.
Comments on the proposal to be considered by the Board should be submitted
in writing within 30 days after publication of the proposed section in the Texas Register
. Comments should be sent to David
Weaver, State Securities Board, P.O. Box 13167, Austin, Texas 78711-3167,
or sent by facsimile to (512) 305-8310.
Statutory authority: Texas Civil Statutes, Articles 581-28-1
and 581-42.B. Section 28-1 provides the Board with the authority to adopt
rules and regulations necessary to carry out and implement the provisions
of the Texas Securities Act, including rules and regulations governing registration
statements and applications; defining terms; classifying securities, persons,
and matters within its jurisdiction; and prescribing different requirements
for different classes. Section 42.B provides the Board with the authority
to adopt rules reducing fees for persons registered in two or more capacities.
Cross-reference to Statute: Texas Civil Statutes, Article 581-42.B.
Statutes and codes affected: Texas Civil Statutes, Articles 581-35, 581-41,
and 581-42.
§133.36.Request for Reduced Fees for Certain Persons.
Registered in Multiple Capacities. The State Securities Board adopts
by reference the request for reduced fees for certain persons registered in
multiple capacities form. This form is available from the State Securities
Board, P.O. Box 13167, Austin, Texas 78711-3167.
This agency hereby certifies that the proposal has been reviewed
by legal counsel and found to be within the agency's legal authority to adopt.
Filed with the Office of
the Secretary of State on August 4, 2006.
TRD-200604035
Denise Voigt Crawford
Securities Commissioner
State Securities Board
Earliest possible date of adoption: September 17, 2006
For further information, please call: (512) 305-8303