§78hhh Examining Authority Functions

Summary

Each SIPC member must give its examining authority—or a collection agent if one was named under section 78iii(a)—the information SIPC says it needs so SIPC can calculate assessments under section 78ddd. That includes reports on gross revenues from the securities business (and what they are made of), securities transactions, customer accounts, net capital used, and other business activities. The examining authority or collection agent must send some or all of that information, and any summaries or analyses, to SIPC when SIPC’s bylaws or rules require it. Anything filed this way is not treated as filed under section 78r.