§ 171.40. Notice of the commencement of a member responsibility action.
62 words·~1 min read·
/us/cfr/t17/s§ 171.40·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The notice of a Member Responsibility Action provided by the National Futures Association pursuant to its rules shall advise the affected parties of their right to petition the Commission pursuant to § 171.41 to stay the effective date of the action pending a hearing before the National Futures Association on the factual issues relevant to the suspension, restriction or remedial action ordered.