Securities Administrator Extends Order Providing COVID-19 Relief

ORDER

WHEREAS, an Order Addressing Disruptions in Investment Adviser and Broker-Dealer Operations and Securities Registrations Resulting From Coronavirus, Order No. 2020-11, was issued by the Securities Administrator on March 25, 2020; 

WHEREAS, an Order Extending Order No. 2020-11 Addressing Disruptions in Investment Adviser and Broker-Dealer Operations and Securities Registrations Resulting From Coronavirus, Order No. 2020-18, was issued on April 24, 2020; 

WHEREAS, Order No. 2020-11 provides temporary relief from certain regulatory requirements for the securities industry which is experiencing disruptions in business as a result of the covid-19 pandemic; 

WHEREAS, the Order, as extended, is set to expire on June 30, 2020; 

WHEREAS, the disruption to the securities industry caused by the covid-19 pandemic is expected to continue beyond June 30, 2020 necessitating continued relief;

NOW, THEREFORE, under the authority of Sections 16307, 16406(5), and 16605 of the Maine Uniform Securities Act, it is hereby ORDERED that: 

1. Expiration of Order No. 2020-11, as extended by Order No. 2020-18, is extended until July 31, 2020. 

2. The Order remains unchanged in all other respects. 

The provisions contained in Order No. 2020-11 are temporary and shall remain in effect only until July 31, 2020, unless the Order is subsequently modified, extended or rescinded.     

Dated: June 26, 2020                                    s/Judith M. Shaw

                                                                        Judith M. Shaw

                                                                        Securities Administrator