2011 Ohio Revised Code
Title [17] XVII CORPORATIONS - PARTNERSHIPS
Chapter 1707: SECURITIES
1707.46 [First of two versions] Duties of commissioner of securities.
The principal executive officer of the division of securities shall be the commissioner of securities, who shall be appointed by the director of commerce. The commissioner of securities shall enforce all the laws and administrative rules enacted or adopted to regulate the sale of bonds, stocks, and other securities and to prevent fraud in such sales. The commissioner also shall enforce all the laws and administrative rules enacted or adopted to regulate investment advisers, investment adviser representatives, state retirement system investment officers, and the bureau of workers’ compensation chief investment officer and to prevent fraud in their acts, practices, and transactions.
The commissioner shall be paid at a rate not less than pay range 47 set out in schedule E-2 of section 124.152 of the Revised Code, to be paid as other operating expenses of the division.
Effective Date: 03-18-1999; 09-15-2004; 09-29-2005
This section is set out twice. See also § 1707.46, as amended by 129th General Assembly File No. 10, SB 5, § 1, subject to referendum.
1707.46 [Second of two versions] Duties of commissioner of securities
The principal executive officer of the division of securities shall be the commissioner of securities, who shall be appointed by the director of commerce. The commissioner of securities shall enforce all the laws and administrative rules enacted or adopted to regulate the sale of bonds, stocks, and other securities and to prevent fraud in such sales. The commissioner also shall enforce all the laws and administrative rules enacted or adopted to regulate investment advisers, investment adviser representatives, state retirement system investment officers, and the bureau of workers’ compensation chief investment officer and to prevent fraud in their acts, practices, and transactions.
The commissioner shall be paid at a rate not less than pay range 47 set out in schedule E-2 prescribed in the version of section 124.152 of the Revised Code in effect immediately prior to the effective date of this amendment, to be paid as other operating expenses of the division.
Amended by 129th General Assembly File No. 10, SB 5, § 1. This amendment is subject to referendum in the Nov. 8, 2011 election.
Effective Date: 03-18-1999; 09-15-2004; 09-29-2005
The amendment to this section by 129th General Assembly File No. 10, SB 5, § 1 has been made subject to referendum in the upcoming November, 2011 election.
This section is set out twice.