(a) The Commission hereby delegates, until it orders otherwise, to the Director of the Division of Market Oversight or such other employee or employees as the Director may designate from time to time, authority to:
(1) Determine whether a particular financial resource under Sec. 37.1302 may be used to satisfy the requirements of Sec. 37.1301;
(2) Review and make changes to the methodology used to compute projected operating costs under Sec. 37.1303;
(3) Request reports, in addition to fiscal quarter reports, under Sec. 37.1306(a); and
(4) Grant an extension of time to file fiscal quarter reports under Sec. 37.1306(d).
(b) The Director may submit to the Commission for its consideration any matter that has been delegated in this section. Nothing in this section prohibits the Commission, at its election, from exercising the authority delegated in this section.