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Cease-and-Desist Order |
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Cease-and-desist order An order issued after notice and opportunity for hearing, requiring a depository institution, a holding company or a depository institution official to terminate unlawful, unsafe or unsound banking practices. Cease-and-desist orders are issued by the appropriate federal regulatory agencies under the Financial Institutions Supervisory Act and can be enforced directly by the courts. Cease-and-Desist Order An order from a government regulator to halt an action. Cease-and-desist orders are used to enforce licensing regulation, halt the sale of unregistered securities, or stop transactions believed to be fraudulent. The order states a period of time in which the recipient can contest it in court. If the recipient does not contest the order, or if the contest fails, the order becomes enforceable in a court of law. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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No references found | If the agreement is approved as expected, a September cease-and-desist order against the Clinton police issued by the Lancaster zoning enforcement officer will be amended, permitting them to use the range under the following conditions: The range, also called the Brandli parcel, will be used for officer training and firearms qualification only. Such state actions include involuntary liquidation because of insolvency, as well as other regulatory processes and procedures such as supervision, rehabilitation, receivership, conservatorship, a cease-and-desist order, suspension, license revocation, administrative order and any other action that restricts a company's freedom to conduct its insurance business as normal. Abshure's second cease-and-desist order was against companies called Global Partners Capital and Asia Pacific Energy Inc. |
Cease-and-Desist Order |
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