Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

Code · CFR · Title 17 — Commodity and Securities Exchanges · Part 201 — Rules of Practice · § 201.155

§ 201.155. Default; motion to set aside default.

191 words·~1 min read·/us/cfr/t17/s§ 201.155·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)A party to a proceeding may be deemed to be in default and the Commission or the hearing officer may determine the proceeding against that party upon consideration of the record, including the order instituting proceedings, the allegations of which may be deemed to be true, if that party fails:
(1)To appear, in person or through a representative, at a hearing or conference of which that party has been notified;
(2)To answer, to respond to a dispositive motion within the time provided, or otherwise to defend the proceeding; or
(3)To cure a deficient filing within the time specified by the commission or the hearing officer pursuant to § 201.180(b).
(b)A motion to set aside a default shall be made within a reasonable time, state the reasons for the failure to appear or defend, and specify the nature of the proposed defense in the proceeding. In order to prevent injustice and on such conditions as may be appropriate, the hearing officer, at any time prior to the filing of the initial decision, or the Commission, at any time, may for good cause shown set aside a default.
Connections3 cite this
Citation graph
cites case law
§ 201.155
Default; motion to set aside default.
Fed. Reg.×3
Cites 0Cited by 3 across 1 source
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.