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§171.40. Notice of the commencement of a member responsibility action. — Inbound Citations

17 C.F.R. § 171.40

Cited by 1 regulation in release Current.

Citations to 17 U.S.C. § 171.40 as a whole

  • (a) Within ten days after the National Futures Association serves the notice required by § 171.40, any party aggrieved by the National Futures Association's determination that the member responsibility action should be effective prior to the opportunity for a hearing on the factual issues relevant to the suspension, restriction or remedial action imposed may petition the Commission to stay its effectiveness pending completion of further proceedings by the National Futures Association. The burden of persuasion shall rest with the party seeking the stay.