Completed Rule Review - June 2020

Published in the June 12, 2020 issue of the Texas Register

Pursuant to the notice of proposed rule review published in the March 6, 2020, issue of the Texas Register (45 TexReg 1721), 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 115, Securities Dealers and Agents, and Chapter 116, Investment Advisers and Investment Adviser Representatives. The text of these rules may be found in the Texas Administrative Code, Title 7, Part 7 or through the Board's website at

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 115 or 116.

This concludes the review of 7 TAC Chapters 115 and 116.

Issued in Austin, Texas on May 19, 2020.


Travis J. Iles

Securities Commissioner

State Securities Board

Filed: May 28, 2020