{"id":"AGY-ST-INSURANCE-BANKING-063","kind":"order","level":"sector-regulator","jurisdiction":"New Mexico; Securities Division, Regulation and Licensing Department (State securities regulator)","state":"NM","metro":"","industry":"","agency":"ST-INSURANCE-BANKING","eco":"","issuer":"Benjamin Schrope, Interim Director, Securities Division","authority":"N.M. Stat. Ann. § 58-13C-601","instrument":"Memorandum to registrants of March 24, 2020","title":"Regarding the ongoing developments related to the coronavirus (COVID-19) situation (Division operations; telework; remote examinations)","dateIssued":"2020-03-24","effective":"2020-03-24","end":"During the telework period","startDate":"2020-03-24","endDate":"2020-06-30","quarters":["2020Q2"],"types":["TELE","OTHER"],"addressees":["registrants and stakeholders of the New Mexico Securities Division"],"clause":"As of March 24, 2020: Division staff are primarily teleworking from home... [The Division will conduct] remote examinations using phone and email correspondence in lieu of [on-site examinations]... [staff will use] forms of telecommunications technology to complete their work in a virtual [environment].","enforcement":"Administrative notice (no penalty provision)","functions":["WM registrants (examinations conducted remotely)","OP the regulator\u0027s own office closed to in-person work"],"notes":"Weaker instrument (operational notice); retained as the regulator\u0027s record that its own offices moved to telework.","sourceUrl":"https://www.nasaa.org/wp-content/uploads/2020/03/3-24-20-NM-Securities-Div-COVID-19-memo.pdf","snapshot":"","fileExists":true,"fileBytes":213035,"grade":"primary","character":"","description":"","collection":"AGY-ST-INSURANCE-BANKING","url":"/library/AGY-ST-INSURANCE-BANKING-063","exhibitUrl":"/exhibit/AGY-ST-INSURANCE-BANKING-063","citation":"Benjamin Schrope, Interim Director, Securities Division, Memorandum to registrants of March 24, 2020 (Mar. 24, 2020) (Ex. AGY-ST-INSURANCE-BANKING-063)","stateName":"New Mexico","related":[]}