18 CFR § 349.2 Disposition of Contested Audit Findings and Proposed Remedies

§ 349.2 Response to notification.

Current through Aug 24, 2026 · Read all of Part 349

Upon issuance of a Commission order that notes a finding or findings, or proposed remedy or remedies, or both, in any combination, with which the audited person has disagreed, the audited person may: Acquiesce in the findings and/or proposed remedies by not timely responding to the Commission order, in which case the Commission may issue an order approving them or taking other action; or challenge the finding or findings and/or any proposed remedies with which it disagreed by timely notifying the Commission in writing that it requests Commission review by means of a shortened procedure, or, if there are material facts in dispute which require cross-examination, a trial-type hearing.

← § 349.1 Notice to audited person.§ 349.3 Shortened procedure. →