§202.1306. Opportunity to respond to a pre-penalty notice or finding of violation. — Inbound Citations

(a) This subpart L applies to any submissions required or permitted by this part, including reports of known or suspected violations submitted pursuant to § 202.302, requests for removal from the Covered Persons List submitted pursuant to subpart G of this part, requests for specific licenses submitted pursuant to § 202.802, advisory opinion requests submitted pursuant to subpart I of this part, annual reports submitted pursuant to § 202.1103, reports on rejected prohibited transactions submitted pursuant to § 202.1104, and responses to pre-penalty notices and findings of violations submitted pursuant to § 202.1306 (collectively, “submissions”).

(b) An alleged violator has the right to respond to a pre-penalty notice in accordance with § 202.1306.

(b) An alleged violator has the right to contest an initial finding of violation in accordance with § 202.1306.