17 C.F.R. · Commodity and Securities Exchanges
17 C.F.R. § 12.20

Response to counterclaim; reply; election of procedure.

Title 17 C.F.R. ● ACTIVE Primary Source
Regulatory Text

17 C.F.R. § 12.20 — Response to counterclaim; reply; election of procedure.

§ 12.20 Response to counterclaim; reply; election of procedure. (a) Response to counterclaim. If an answer asserts a counterclaim, the complainant shall, within thirty (30) days after service of the answer by the respondent: (1) Satisfy the counterclaim as if it were a complaint, in the manner prescribed by § 12.17; or (2) File a reply to the counterclaim with the Commission. (b) Form and content of reply. Should the complainant, under this paragraph, elect to file a reply to a counterclaim, the reply shall be strictly confined to the matters alleged in the counterclaim and shall conform to the form and content and other requirements set forth in § 12.18 of these rules. (c) Election of decisional procedure. If neither the complainant nor the respondent, in the complaint or answer respectively, has previously made an election of the summary decisional procedure or the formal decisional procedure, the complainant may make such an election in the reply. [49 FR 6621, Feb. 22, 1984, as amended at 86 FR 64353, Nov. 18, 2021]

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17 C.F.R. § 12.20
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The regulatory text of 17 C.F.R. § 12.20 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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