---
kind: "section"
citation: "17 C.F.R. § 171.50"
title: "17"
number: "171.50"
heading: "Delegation to the General Counsel."
url: "https://uscodex.org/cfr/17/171.50"
---

# §171.50. Delegation to the General Counsel.

- (a) The Commission hereby delegates, until it orders otherwise, to the General Counsel, or any employee under the General Counsel's supervision as the General Counsel may designate, the authority:
  - (1) To waive or modify any of the requirements of §§ [171.25](/cfr/17/171.25.md), [171.26](/cfr/17/171.26.md), [171.27](/cfr/17/171.27.md) and to waive or modify any requirement of the [part 171](/cfr/17/part171.md) Rules insofar as it pertains to changes in the time permitted for filing, or the form, execution, service and filing of documents;
  - (2) To enter orders under §§ [171.10](/cfr/17/171.10.md), [171.12](/cfr/17/171.12.md), [171.21](/cfr/17/171.21.md) and [171.31(c)](/cfr/17/171.31.md?p=c);
  - (3) To decline to accept any notice of appeal, or petition for stay pending review, of matters specified in [§ 171.1(b)](/cfr/17/171.1.md?p=b) and to so notify the appellant and the registered futures association;
  - (4) To stay the effective date of a decision of the National Futures Association in a disciplinary, membership denial or registration action, or a decision relating to such actions issued by the Commission pursuant to these rules, for a reasonable period of time, not to exceed 10 days, when such a stay is necessary to allow the Commission to consider a petition to stay the effective date of such a decision or a motion for similar relief;
  - (5) To decline to accept any document which has not been filed or perfected as specified in these rules;
  - (6) To determine motions seeking permission to participate in a proceeding under [§ 171.27](/cfr/17/171.27.md) and to establish the related briefing schedule;
  - (7) To establish briefing schedules under [§ 171.28](/cfr/17/171.28.md); and
  - (8) To enter any order which, in his judgment, will facilitate or expedite Commission review of a decision by the National Futures Association in a disciplinary, membership denial or registration action.
- (b) Within seven days after service of a ruling issued pursuant to [paragraph (a)](#a) of this section, a party may file with the Proceedings Clerk a petition for Commission reconsideration of the ruling. Unless the Commission orders otherwise, the filing of a petition for reconsideration will not operate to stay the effective date of such ruling.
- (c) The General Counsel, or his designee, may submit to the Commission for its consideration any matter which has been delegated pursuant to [paragraph (a)](#a) of this section.
- (d) Nothing in this section will be deemed to prohibit the Commission, at its election, from exercising the authority delegated to the General Counsel, or his designee, under this section.

## Notes

### Amendments

[55 FR 41068, Oct. 9, 1990, as amended at 64 FR 46271, Aug. 25, 1999; 78 FR 1145, Jan. 8, 2013]

### Authority

Authority: 7 U.S.C. 4a, 12a and 21, unless otherwise noted.

### Source

Source: 55 FR 41068, Oct. 9, 1990, unless otherwise noted.

### Amendments

[55 FR 41068, Oct. 9, 1990, as amended at 64 FR 46271, Aug. 25, 1999; 78 FR 1145, Jan. 8, 2013]