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Title 17: Commodity and Securities Exchanges
CHAPTER I: COMMODITY FUTURES TRADING COMMISSION
PART 10: RULES OF PRACTICE
Subpart G: Disposition Without Full Hearing
10.94 - Setting aside of default.
In order to prevent injustice and on such conditions as may be appropriate, (a) the Commission may at any time set aside a default order obtained under ? 10.93; and (b) the Administrative Law Judge may set aside a default order obtained under ? 10.93 at any time prior to filing of his initial decision in a proceeding in which there are remaining respondents. Any motion to set aside a default shall be made within a reasonable time, and shall state the reasons for the failure to file or appear and specify the nature of the proposed defense in the proceeding.
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