Order Adopting Measures Granting Temporary Relief to Registrants Affected by the COVID-19 Outbreak

The record

Jurisdiction

Delaware; Investor Protection Unit, Department of Justice (State securities regulator) · Delaware

Level

Sector regulator

Authority

6 Del. C. § 73-102(b)

Issued

2020-03-27 Mar. 27, 2020

Effective

2020-03-27

End

Temporary; for the duration of the State of Emergency unless earlier terminated (read as 2020-09-30)

In force

Mar. 27, 2020 to Sept. 30, 2020

Quarters

2020 Q22020 Q3

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Telework mandateOther

Addressees

• broker-dealers, state registered investment advisers, federal covered investment advisers and their registered agents and representatives

Functions reached

• WM broker-dealers and advisers (displaced personnel; temporary offices)
• OP
• HR

Collection

State insurance and banking regulators AGY-ST-INSURANCE-BANKING

Operative words

WHEREAS, on March 22, 2020, Governor Carney issued the Fifth Modification of the State of Emergency which, in part, ordered Delaware residents to shelter in place except as otherwise permitted by the Declaration effective March 24, 2020, and exempting individuals engaged in certain essential [businesses; and... financial professionals who] are not registered or notice filed with the Director have been displaced from their ordinary business [locations]... [such financial professionals are] temporarily exempted from the registration and filing requirements of the Act and the Rules Pursuant to the Act in the following circumstances and provided the Financial Professional meets all of the following requirements... IT IS HEREBY ORDERED on this 27th day of March, 2020

Enforcement

Notes