Summer Regulatory Summit eBook

Section 4.4. Legal Process On receipt of any legal process compelling record production, a Participating State Regulator shall immediately notify the originating authority. The Participating State Regulator shall use its best efforts in providing the originating authority an opportunity to challenge the release of the information. Participating State Regulators shall cooperate in the preparation of any memoranda, request for protective order or pleadings deemed desirable by the originating authority to protect the confidentiality of Regulatory Information.

Nationwide Cooperative Agreement for MSB Supervision

Subpoenas

• Notify the provider • Assert exemptions on behalf of the Provider • Consent to the Provider intervening in court

2016-2023 Multi-State MSB Exam Comparison

Total Companies (with >2 licenses)

Redundant Exams/Total Exams

Year

Redundant Exams

% Redundant

60%

3%

2023

361

8

50%

4%

2022

321

8

40%

5%

2021

313

8

30%

32%

2020

275

83

40%

2019

265

111

20%

45%

2018

253

132

10%

43%

2017

251

125

0%

2016 2017 2018 2019 2020 2021 2022 2023

48%

2016

243

140

% of Exams that are Redundant

As of YE 2023