17 CFR 12.315 - Consequences of overstating damages claims not in excess of $30,000.

Updated to:April 2013
CONTENT

Title 17: Commodity and Securities Exchanges

CHAPTER I: COMMODITY FUTURES TRADING COMMISSION

PART 12: RULES RELATING TO REPARATIONS

Subpart E: Rules Applicable to Formal Decisional Proceedings

12.315 - Consequences of overstating damages claims not in excess of $30,000.

If a party, who has claimed damages in excess of $30,000, is adjudged to be entitled to recover less than the sum or value of $30,000, computed without regard to a damage award to which an opposing party may be adjudged to be entitled, and exclusive of interest and costs, the Administrative Law Judge may assess such party the cost of the transcript of an oral hearing, if such a hearing is held, and, depending upon whether such party paid any part of the filing fee for the proceeding, deny the party such costs or impose such costs on that party.

[49 FR 6621, Feb. 22, 1984, as amended at 59 FR 9638, Mar. 1, 1994]