§ 1209.23. Commencement of proceeding and contents of notice of charges.
240 words·~1 min read·
/us/cfr/t12/s§ 1209.23·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Proceedings under subpart C of this part are commenced by the Director by the issuance of a notice of charges, as defined in § 1209.3(p), that must be served upon a respondent. A notice of charges shall state all of the following:
(a)The legal authority for the proceeding and for FHFA's jurisdiction over the proceeding;
(b)A statement of the matters of fact or law showing that FHFA is entitled to relief;
(c)A proposed order or prayer for an order granting the requested relief;
(d)Information concerning the nature of the proceeding and pertinent procedural matters, including: the requirement that the hearing shall be held in the District of Columbia; the presiding officer will set the date and location for an evidentiary hearing in a scheduling order to be issued not less than 30 days or more than 60 days after service of the notice of charges; contact information for FHFA enforcement counsel and the presiding officer, if known; submission information for filings and appearances, the time within which to request a hearing, and citation to FHFA Rules of Practice and Procedure; and
(e)Information concerning proper filing of the answer, including the time within which to file the answer as required by law or regulation, a statement that the answer shall be filed with the presiding officer or with FHFA as specified therein, and the address for filing the answer (and request for a hearing, if applicable).