LD 509
pg. 165
Page 164 of 183 An Act To Adopt the Maine Uniform Securities Act Page 166 of 183
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LR 441
Item 1

 
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 or a governmental regulatory
or law enforcement agency to, among other objectives, effectuate
greater uniformity in securities matters among the Federal
Government, self-regulatory organizations, states and foreign
governments.

 
2.__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 chapter, the
administrator may, in the administrator's discretion, take into
consideration in carrying out the public interest the following
general policies:

 
A.__Maximizing effectiveness of regulation for the
protection of investors;

 
B.__Maximizing uniformity in federal and state regulatory
standards; and

 
C.__Minimizing burdens on the business of capital formation
without adversely affecting essentials of investor
protection.

 
3.__Subjects for cooperation.__The cooperation, coordination,
consultation and sharing of records and information authorized by
this section includes:

 
A.__Establishing or employing one or more designees as a
central depository for licensing, registration and notice
filings under this chapter and for records required or
allowed to be maintained under this chapter;

 
B.__Developing and maintaining uniform forms;

 
C.__Conducting a joint examination or investigation;

 
D.__Holding a joint administrative hearing;

 
E.__Instituting and prosecuting a joint civil or
administrative proceeding;

 
F.__Sharing and exchanging personnel;


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