17 C.F.R. § 201.514 Temporary cease-and-desist orders: Judicial review; duration.
Title 17 - Commodity and Securities Exchanges
(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), Section 21C(d)(2) of the Exchange Act, 15 U.S.C. 78u–3(d)(2), Section 9(f)(4)(B) of the Investment Company Act, 15 U.S.C. 80a–9(f)(4)(B), or Section 203(k)(4)(B) of the Investment Advisers Act, 15 U.S.C. 80b–3(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, or by operation of §201.513, 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), if an initial decision whether a permanent order should be entered is appealed.
Title 17: Commodity and Securities Exchanges
PART 201—RULES OF PRACTICE
Subpart D—Rules of Practice
Rules Relating to Temporary Orders and Suspensions
§ 201.514 Temporary cease-and-desist orders: Judicial review; duration.
