New Mexico Statutes
Article 13A - Model State Commodity Code
Section 58-13A-16 - Cooperation with other agencies.

A. To encourage uniform application and interpretation of the Model State Commodity Code and securities regulation and enforcement in general, the director and the employees of the director may cooperate, including bearing the expense of the cooperation, with the securities agencies or administrator of another jurisdiction, Canadian province or territory or such other agencies administering that code, the commodity futures trading commission, the securities and exchange commission, any self-regulatory organization established under the Commodity Exchange Act or the Securities Exchange Act of 1934, any national or international organization of commodities or securities officials or agencies and any governmental law enforcement agency.
B. The cooperation authorized by Subsection A of this section shall include, but need not be limited to, the following:
(1) making joint examinations or investigations;
(2) holding joint administrative hearings;
(3) filing and prosecuting joint litigation;
(4) sharing and exchanging personnel;
(5) sharing and exchanging information and documents;
(6) formulating and adopting mutual regulations, statements of policy, guidelines, proposed statutory changes and releases; and
(7) issuing and enforcing subpoenas at the request of the agency administering the Model State Commodity Code in another jurisdiction, the securities agency of another jurisdiction, the commodity futures trading commission or the securities and exchange commission if the information sought would also be subject to lawful subpoena for conduct occurring in this state.
History: Laws 1985, ch. 163, § 16.
Cross references. — For the federal Commodity Exchange Act, see 7 U.S.C. § 1.
For the federal Securities Exchange Act of 1934, see U.S.C. § 78a.

Structure New Mexico Statutes