6 Del. Admin. Code § 200-C-301

Current through Reigster Vol. 28, No. 6, December 1, 2024

Section 200-C-301 - Nature and Purpose of Investigations

(a) The Director may in his or her discretion make such public or private investigations within or outside the State as he or she deems necessary to determine whether any person has violated, is violating, or is about to violate any provision of the Act or the Rules or otherwise to aid in the enforcement of the Act. Where, from complaints received from members of the public, communications from Federal or State agencies, examination of filings made with the Unit, or otherwise, it appears that there may be violations of the Act or the Rules, a preliminary investigation is generally made. Unless otherwise ordered by the Unit, all investigations are non-public and the reports thereon are for the Unit's use only.

(b) After investigation or otherwise, the Unit may in its discretion take one or more of the following actions: initiation of administrative proceedings looking to the imposition of remedial sanctions, initiation of injunctive proceedings in the courts, and, in the case of a willful violation, criminal prosecution. The Unit may also, in an appropriate case, refer the matter to, or grant requests for access to its files made by, domestic and foreign governmental authorities or foreign securities authorities, self-regulatory organizations, and other persons or entities.

15 DE Reg. 529 (10/01/11)
18 DE Reg. 394 (11/1/2014) (Final)