140.93—Delegation of authority to the Director of the Division of Clearing and Intermediary Oversight.
(a)
The Commission hereby delegates, until such time as the Commission orders otherwise, the following functions to the Director of the Division of Clearing and Intermediary Oversight and to such members of the Commission's staff acting under his direction as he may designate from time to time:
(b)
The Director of the Division of Clearing and Intermediary Oversight may submit any matter which has been delegated to him under paragraph (a) of this section to the Commission for its consideration.
(c)
Nothing in this section may prohibit the Commission, at its election, from exercising the authority delegated to the Director of the Division of Clearing Intermediary Oversight under paragraph (a) of this section.