(a) The Commission hereby delegates, until such time as the Commission orders otherwise, the following functions to the Director of the Division of Swap Dealer and Intermediary Oversight and to such members of the Commission's staff acting under his or her direction as he or she may designate from time to time:
(1) All functions reserved to the Commission in Sec. 5.7 of this chapter;
(2) All function reserved to the Commission in Sec. 5.10 of this chapter;
(3) All functions reserved to the Commission in Sec. 5.11 of this chapter;
(4) All functions reserved to the Commission in Sec. 5.12 of this chapter, except for those relating to nonpublic treatment of reports set forth in Sec. 5.12(i) of this chapter; and
(5) All functions reserved to the Commission in Sec. 5.14 of this chapter.
(b) The Director of the Division of Swap Dealer and Intermediary Oversight may submit any matter which has been delegated to him or her under paragraph (a) of this section to the Commission for its consideration.
(c) The Commission hereby delegates, until such time as the Commission orders otherwise, the following function to the Director of the Division of Clearing and Risk and to such members of the Commission's staff acting under his or her direction as he or she may designate from time to time:
(1) All functions reserved to the Commission in Sec. Sec. 39.3(a)(1), (a)(2), (a)(3), 39.3(b)(1), and 39.3(f)(4) of this chapter;
(2) All functions reserved to the Commission in Sec. 39.4(a) of this chapter;
(3) All functions reserved to the Commission in Sec. 39.5(b)(2), (b)(3)(ix), (c)(1), and (d)(3) of this chapter;
(4) All functions reserved to the Commission in Sec. 39.10(c)(4)(iv) of this chapter;
(5) All functions reserved to the Commission in Sec. 39.11(b)(1)(vi), (b)(2)(ii), (c)(1), (c)(2), (f)(1), and (f)(4) of this chapter;
(6) All functions reserved to the Commission in Sec. 39.12(a)(5)(i)(B) of this chapter;
(7) All functions reserved to the Commission in Sec. 39.13(g)(8)(ii), (h)(1)(i)(C), (h)(1)(ii), (h)(3)(i), (h)(3)(ii), and (h)(5)(i)(A) of this chapter;
(8) The authority to request additional information in support of a rule submission under Sec. 39.15(b)(2)(iii)(A) of this chapter and in support of a petition pursuant to section 4d of the Act under Sec. 39.15(b)(2)(iii)(B) of this chapter;
(9) All functions reserved to the Commission in Sec. 39.19(c)(3)(iv), (c)(5)(i), (c)(5)(ii), and (c)(5)(iii) of this chapter;
(10) All functions reserved to the Commission in Sec. 39.20(a)(5); and
(11) All functions reserved to the Commission in Sec. 39.21(d) of this chapter.
(12) All functions reserved to the Commission in Sec. 39.31 of this chapter; and
(13) The authority to approve the requests described in Sec. Sec. 39.34(d) and 39.39(f) of this chapter.
(d) The Director of Clearing and Risk may submit any matter which has been delegated to him or her under paragraph (c) of this section to the Commission for its consideration.
(e) Nothing in this section may prohibit the Commission, at its election, from exercising the authority delegated to the Director of the Division of Swap Dealers and Intermediary Oversight under paragraph (a) or to the Director of the Division of Clearing and Risk under paragraph (c) of this section. [78 FR 22420, Apr. 16, 2013, as amended at 78 FR 72514, Dec. 2, 2013]