12 CFR § 263.15 Rules of Practice for Hearings

§ 263.15 Opportunity for informal settlement.

Current through Oct 1, 2026 · Read all of Part 263

⚠ 1 pending change to Part 263

Any respondent may, at any time in the proceeding, unilaterally submit to Enforcement Counsel written offers or proposals for settlement of a proceeding, without prejudice to the rights of any of the parties. Any such offer or proposal may only be made to Enforcement Counsel. Submission of a written settlement offer does not provide a basis for adjourning or otherwise delaying all or any portion of a proceeding under this part. No settlement offer or proposal, or any subsequent negotiation or resolution, is admissible as evidence in any proceeding.

← § 263.14 Witness fees and expenses.§ 263.16 The Board's right to conduct examination. →