South Dakota Codified Laws 58-5-77. Rules and regulations on insider trading
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The director of the Division of Insurance shall have the power to make such rules and regulations as may be necessary for the execution of the functions vested in him by §§ 58-5-68 to 58-5-76, inclusive, and may for such purpose classify domestic stock insurance companies, securities, and other persons or matters within his jurisdiction.
Terms Used In South Dakota Codified Laws 58-5-77
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Source: SL 1966, ch 111, ch 16, § 27 (8).