---
kind: "section"
citation: "17 C.F.R. § 201.54"
title: "17"
number: "201.54"
heading: "Settlement."
url: "https://uscodex.org/cfr/17/201.54"
---

# §201.54. Settlement.


The applicant and counsel for the Office or Division of the Commission may agree on a proposed settlement of the award before final action on the application, either in connection with a settlement of the underlying proceeding or after the underlying proceeding has been concluded, in accordance with the Commission's standard settlement procedure. See [17 CFR 201.240](/cfr/17/201.240.md). If a prevailing party and counsel for the Office or Division of the Commission agree on a proposed settlement of an award before an application has been filed, the application shall be filed with the proposed settlement. If a proposed settlement provides that each side shall bear its own expenses, and the settlement is accepted, no application may be filed.


## Notes

### Amendments

[54 FR 53052, Dec. 27, 1989, as amended at 60 FR 32795, June 23, 1995]

### 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.

### Amendments

[54 FR 53052, Dec. 27, 1989, as amended at 60 FR 32795, June 23, 1995]