Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 7 - STATE SECURITIES BOARD
Chapter 127 - MISCELLANEOUS
Section 127.1 - Enforcement
Current through Reg. 49, No. 12; March 22, 2024
(a) Complaints signed by investigators. Investigators or other members of the staff, on instructions from the commissioner, may sign complaints before appropriate district or county attorneys where there is sufficient evidence of a violation of the penal section of the Act and where no complaint of such violation has been made by any other person.
(b) Disclosure of section 28 testimony. The language ". . . that all information of every kind and nature contained therein shall be treated as confidential by the Commissioner and shall not be disclosed to the public except under order of court; but nothing in this section shall be interpreted to prohibit or limit the publication of rulings or decisions of the Commissioner nor shall this limitation apply to hearings provided for in sections 24 and 25 of this Act . . .," in section 28 of the Securities Act prohibits the commissioner and staff from permitting a witness in an investigative proceeding under section 28 to have a copy of his own statement and from permitting the distribution or dissemination of testimony to anyone except under order of court, or permitting tape recorders or private court reporters to be present at any hearing or investigation.
