§ 201.54. Settlement.
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/us/cfr/t17/s§ 201.54·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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. 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. \[54 FR 53052, Dec. 27, 1989, as amended at 60 FR 32795, June 23, 1995\]
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