---
kind: "section"
citation: "17 C.F.R. § 201.514"
title: "17"
number: "201.514"
heading: "Temporary cease-and-desist orders: Judicial review; duration."
url: "https://uscodex.org/cfr/17/201.514"
---

# §201.514. Temporary cease-and-desist orders: Judicial review; duration.

- (a) **Availability of judicial review.** Judicial review of a temporary cease-and-desist order shall be available as provided in Section 8A(d)(2) of the Securities Act, [15 U.S.C. 77h-1(d)(2)](/usc/15/77h-1.md?p=d-2), Section 21C(d)(2) of the Exchange Act, [15 U.S.C. 78u-3(d)(2)](/usc/15/78u-3.md?p=d-2), Section 9(f)(4)(B) of the Investment Company Act, [15 U.S.C. 80a-9(f)(4)(B)](/usc/15/80a-9.md?p=f-4-B), or Section 203(k)(4)(B) of the Investment Advisers Act, [15 U.S.C. 80b-3(k)(4)(B)](/usc/15/80b-3.md?p=k-4-B).
- (b) **Duration.** Unless set aside, limited, or suspended, either by order of the Commission, a court of competent jurisdiction, or a hearing officer acting pursuant to [§ 201.531](/cfr/17/201.531.md), or by operation of [§ 201.513](/cfr/17/201.513.md), a temporary cease-and-desist order shall remain effective and enforceable until the earlier of:
  - (1) The completion of the proceedings whether a permanent order shall be entered; or
  - (2) 180 days, or such longer time as consented to by the respondent, after issuance of a briefing schedule order pursuant to [§ 201.540(b)](/cfr/17/201.540.md?p=b), if an initial decision whether a permanent order should be entered is appealed.

## Notes

### Authority

Authority: 15 U.S.C. 77f, 77g, 77h, 77h-1, 77j, 77s, 77u, 77sss, 78c(b), 78d-1, 78d-2, 78 l, 78m, 78n, 78 o (d), 78 o -3, 78 o -10(b)(6), 78s, 78u-2, 78u-3, 78v, 78w, 80a-8, 80a-9, 80a-37, 80a-38, 80a-39, 80a-40, 80a-41, 80a-44, 80b-3, 80b-9, 80b-11, 80b-12, 7202, 7215, and 7217.

### Source

Source: 60 FR 32796, June 23, 1995, unless otherwise noted.

### Authority

Authority: 15 U.S.C. 77s, 77sss, 78w, 78x, 80a-37, and 80b-11; 5 U.S.C. 504(c)(1). Sections 201.700 and 201.701 are also issued under sec. 916, Pub. L. 111-203, 124 Stat. 1376.

### Source

Source: 47 FR 610, Jan. 6, 1982, unless otherwise noted.