| (a) When SOAH loses jurisdiction over the case as prescribed
in §105.14 of this title (relating to Proposal for Decision),
the complete transcript and record of the case, and the Proposal for
Decision shall be sent directly to the Securities Commissioner.
(b) The Commissioner may change a finding of fact or
conclusion of law made by the Administrative Law Judge, or may vacate
or modify an order issued by the Administrative Law Judge only on
grounds set forth in the APA. The Commissioner shall state in writing
the reason or basis for such a change.
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