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TITLE 7 - BANKING AND SECURITIES
PART 7 - STATE SECURITIES BOARD
CHAPTER 102 - COMPLAINT PROCESS
SUBCHAPTER 102.1.html - null
SECTION/RULE §102.1 - Policy
Chapter Review Date 12/01/2023

(a) It is the Board's policy for the Agency to:(1) review, prioritize and investigate all complaints received in a timely manner;(2) ensure conduct found to be in violation of the Act or a Board rule is brought to a fair, just, and equitable resolution; and(3) protect confidential, investigatory, and inspection information while maximizing Agency transparency.(b) The Commissioner shall maintain a system to promptly and efficiently act on complaints received by the Agency. The system shall:(1) periodically, but at least every six months, notify the complaint parties of the status of the complaint until final disposition unless the notice would jeopardize a law enforcement investigation;(2) ensure all periodic notifications of complaint status to complaint parties are made in conformance with the confidentiality provisions of the Act and Board rules; and(3) make information available on the Agency's website (www.ssb.texas.gov) that describes the Agency's complaint process, including the procedures for complaint investigation and resolution.(c) Complaint information to be maintained shall include:(1) information about parties to the complaint;(2) the subject matter of the complaint;(3) a summary of the results of the review or investigation of the complaint; and(4) the disposition of the complaint.(d) The Commissioner may provide information on the Agency's website (www.ssb.texas.gov) about:(1) administrative actions taken by the Agency; and(2) civil and criminal actions in which the Agency was involved whether through investigation, participation, or provision of assistance.

Source Note: The provisions of this §102.1 adopted to be effective February 27, 2020, 45 TexReg 1218.

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