Regulations last checked for updates: Mar 13, 2025

Title 17 - Commodity and Securities Exchanges last revised: Feb 21, 2025
§ 201.121 - Separation of functions.

Any Commission officer, employee or agent engaged in the performance of investigative or prosecutorial functions for the Commission in a proceeding as defined in § 201.101(a) may not, in that proceeding or one that is factually related, participate or advise in the decision, or in Commission review of the decision pursuant to Section 557 of the Administrative Procedure Act, 5 U.S.C. 557,except.

source: 47 FR 610, Jan. 6, 1982, unless otherwise noted.
cite as: 17 CFR 201.121