17-12a608.Uniformity and cooperation with other
agencies.
(a) Objective of uniformity. The administrator
may cooperate, coordinate, consult, and, subject to
K.S.A. 17-12a607, and
amendments thereto, share records and information with the
securities regulator of another state, Canada, a Canadian province
or territory, a foreign jurisdiction, the securities and exchange
commission, the United States department of justice, the commodity
futures trading commission, the federal trade commission, the
securities investor protection corporation, a self-regulatory
organization, a national or international organization of securities
regulators, a federal or state banking or insurance regulator, and
a governmental law enforcement or regulatory agency to effectuate
greater uniformity in securities matters among the federal
government, self-regulatory organizations, states, and foreign
governments.
(b) Policies to consider. In cooperating, coordinating,
consulting, and sharing records and information under this section
and in acting by rule, order, or waiver under this act, the
administrator, in the administrator's discretion, shall take into consideration
in
carrying out the public interest the following general policies:
(1) Maximizing effectiveness of regulation for the protection
of investors;
(2) maximizing uniformity in federal and state regulatory
standards; and
(3) minimizing burdens on the business of capital formation,
without adversely affecting essentials of investor protection.
(c) Subjects for cooperation. The cooperation, coordination,
consultation, and sharing of records and information authorized by
this section includes:
(1) Establishing or employing one or more designees as a
central depository for registration and notice filings under this
act and for records required or allowed to be maintained under this
act;
(2) developing and maintaining uniform forms;
(3) conducting a joint examination or investigation;
(4) holding a joint administrative hearing;
(5) instituting and prosecuting a joint civil or administrative
proceeding;
(6) sharing and exchanging personnel;
(7) coordinating registrations under
K.S.A. 17-12a303,
17-12a304[*] and 17-12a401 through 17-12a404, and amendments thereto, and
exemptions under
K.S.A. 17-12a203, and
amendments thereto;
(8) sharing and exchanging records, subject to
K.S.A. 17-12a607,
and
amendments thereto;
(9) formulating rules, statements of policy, guidelines, forms,
and interpretative opinions and releases;
(10) formulating common systems and procedures;
(11) notifying the public of proposed rules, forms, statements
of policy, and guidelines;
(12) attending conferences and other meetings among securities
regulators, which may include representatives of governmental and
private sector organizations involved in capital formation, deemed
necessary or appropriate to promote or achieve uniformity; and
(13) developing and maintaining a uniform exemption from
registration for small issuers, and taking other steps to reduce the
burden of raising investment capital by small businesses.
17-12a608.Uniformity and cooperation with other
agencies.
(a) Objective of uniformity. The administrator
may cooperate, coordinate, consult, and, subject to
K.S.A. 17-12a607, and
amendments thereto, share records and information with the
securities regulator of another state, Canada, a Canadian province
or territory, a foreign jurisdiction, the securities and exchange
commission, the United States department of justice, the commodity
futures trading commission, the federal trade commission, the
securities investor protection corporation, a self-regulatory
organization, a national or international organization of securities
regulators, a federal or state banking or insurance regulator, and
a governmental law enforcement or regulatory agency to effectuate
greater uniformity in securities matters among the federal
government, self-regulatory organizations, states, and foreign
governments.
(b) Policies to consider. In cooperating, coordinating,
consulting, and sharing records and information under this section
and in acting by rule, order, or waiver under this act, the
administrator, in the administrator's discretion, shall take into consideration
in
carrying out the public interest the following general policies:
(1) Maximizing effectiveness of regulation for the protection
of investors;
(2) maximizing uniformity in federal and state regulatory
standards; and
(3) minimizing burdens on the business of capital formation,
without adversely affecting essentials of investor protection.
(c) Subjects for cooperation. The cooperation, coordination,
consultation, and sharing of records and information authorized by
this section includes:
(1) Establishing or employing one or more designees as a
central depository for registration and notice filings under this
act and for records required or allowed to be maintained under this
act;
(2) developing and maintaining uniform forms;
(3) conducting a joint examination or investigation;
(4) holding a joint administrative hearing;
(5) instituting and prosecuting a joint civil or administrative
proceeding;
(6) sharing and exchanging personnel;
(7) coordinating registrations under
K.S.A. 17-12a303,
17-12a304[*] and 17-12a401 through 17-12a404, and amendments thereto, and
exemptions under
K.S.A. 17-12a203, and
amendments thereto;
(8) sharing and exchanging records, subject to
K.S.A. 17-12a607,
and
amendments thereto;
(9) formulating rules, statements of policy, guidelines, forms,
and interpretative opinions and releases;
(10) formulating common systems and procedures;
(11) notifying the public of proposed rules, forms, statements
of policy, and guidelines;
(12) attending conferences and other meetings among securities
regulators, which may include representatives of governmental and
private sector organizations involved in capital formation, deemed
necessary or appropriate to promote or achieve uniformity; and
(13) developing and maintaining a uniform exemption from
registration for small issuers, and taking other steps to reduce the
burden of raising investment capital by small businesses.
17-12a608.Uniformity and cooperation with other
agencies.
(a) Objective of uniformity. The administrator
may cooperate, coordinate, consult, and, subject to
K.S.A. 17-12a607, and
amendments thereto, share records and information with the
securities regulator of another state, Canada, a Canadian province
or territory, a foreign jurisdiction, the securities and exchange
commission, the United States department of justice, the commodity
futures trading commission, the federal trade commission, the
securities investor protection corporation, a self-regulatory
organization, a national or international organization of securities
regulators, a federal or state banking or insurance regulator, and
a governmental law enforcement or regulatory agency to effectuate
greater uniformity in securities matters among the federal
government, self-regulatory organizations, states, and foreign
governments.
(b) Policies to consider. In cooperating, coordinating,
consulting, and sharing records and information under this section
and in acting by rule, order, or waiver under this act, the
administrator, in the administrator's discretion, shall take into consideration
in
carrying out the public interest the following general policies:
(1) Maximizing effectiveness of regulation for the protection
of investors;
(2) maximizing uniformity in federal and state regulatory
standards; and
(3) minimizing burdens on the business of capital formation,
without adversely affecting essentials of investor protection.
(c) Subjects for cooperation. The cooperation, coordination,
consultation, and sharing of records and information authorized by
this section includes:
(1) Establishing or employing one or more designees as a
central depository for registration and notice filings under this
act and for records required or allowed to be maintained under this
act;
(2) developing and maintaining uniform forms;
(3) conducting a joint examination or investigation;
(4) holding a joint administrative hearing;
(5) instituting and prosecuting a joint civil or administrative
proceeding;
(6) sharing and exchanging personnel;
(7) coordinating registrations under
K.S.A. 17-12a303,
17-12a304[*] and 17-12a401 through 17-12a404, and amendments thereto, and
exemptions under
K.S.A. 17-12a203, and
amendments thereto;
(8) sharing and exchanging records, subject to
K.S.A. 17-12a607,
and
amendments thereto;
(9) formulating rules, statements of policy, guidelines, forms,
and interpretative opinions and releases;
(10) formulating common systems and procedures;
(11) notifying the public of proposed rules, forms, statements
of policy, and guidelines;
(12) attending conferences and other meetings among securities
regulators, which may include representatives of governmental and
private sector organizations involved in capital formation, deemed
necessary or appropriate to promote or achieve uniformity; and
(13) developing and maintaining a uniform exemption from
registration for small issuers, and taking other steps to reduce the
burden of raising investment capital by small businesses.