Published in the April 7, 2023, issue of the Texas Register
Pursuant to the notice of proposed rule review published in the September 2, 2022, issue of the Texas Register (47 TexReg 5344), the State Securities Board (Agency) has reviewed and considered for readoption, revision, or repeal all sections of the following chapters of Title 7, Part 7, of the Texas Administrative Code, in accordance with Texas Government Code, §2001.039, Agency Review of Existing Rules: Chapter 101, General Administration; Chapter 103, Rulemaking Procedure; and Chapter 104, Procedure for Review of Applications. The text of these rules may be found in the Texas Administrative Code, Title 7, Part 7 or through the Agency's website at www.ssb.texas.gov/texas-securities-act-board-rules.
The Agency considered, among other things, whether the reasons for adoption of these rules continue to exist. After its review, the Agency finds that the reasons for adopting these rules continue to exist and readopts these chapters, without changes, pursuant to the requirements of the Texas Government Code.
As part of the review process, the Agency is proposing to amend §§101.2, 103.6, 104.2, 104.3, and 104.6. Notices of the proposed amendments will be published in the "Proposed Rules" section of a future issue of the Texas Register, and will be open for comment prior to final adoption by the Agency, in accordance with the requirements of the Administrative Procedure Act, Texas Government Code Annotated, Chapter 2001.
No comments were received regarding the readoption of Chapters 101, 103, or 104.
This concludes the review of 7 TAC Chapters 101, 103, and 104.
TRD-202301184
Travis J. Iles
Securities Commissioner
State Securities Board
Filed: March 27, 2023
Pursuant to the notice of proposed rule review published in the December 2, 2022, issue of the Texas Register (47 TexReg 8053), the State Securities Board (Board) has reviewed and considered for readoption, revision, or repeal all sections of the following chapters of Title 7, Part 7, of the Texas Administrative Code, in accordance with Texas Government Code, §2001.039, Agency Review of Existing Rules: Chapter 113, Registration of Securities; Chapter 114, Federal Covered Securities; Chapter 123, Administrative Guidelines for Registration of Open-End Investment Companies; Chapter 125, Minimum Disclosures in Church and Nonprofit Institution Bond Issues; Chapter 135, Industrial Development Corporations and Authorities; and Chapter 137, Administrative Guidelines for Regulation of Offers. The text of these rules may be found in the Texas Administrative Code, Title 7, Part 7 or through the Board's website at www.ssb.texas.gov/texas-securities-act-board-rules.
The Board considered, among other things, whether the reasons for adoption of these rules continue to exist. After its review, the Board finds that the reasons for adopting these rules continue to exist and readopts these chapters, without changes, pursuant to the requirements of the Texas Government Code.
No comments were received regarding the readoption of Chapters 113, 114, 123, 125, 135, or 137.
This concludes the review of 7 TAC Chapters 113, 114, 123, 125, 135, and 137.
TRD-202301185
Travis J. Iles
Securities Commissioner
State Securities Board
Filed: March 27, 2023