Stop Orders for Securities Registrations

What this video covers

• Why both the public interest prong and a specific statutory ground are mandatory for any valid stop order, and why either prong failing defeats the order
• The three forms of stop order power (denial, suspension, and revocation of effectiveness) and how they apply across all three registration methods: notification, coordination, and qualification
• The nine statutory grounds for stop orders, with special attention to the filing-fee ground (denial only, must be vacated on payment) versus all other grounds
• Why willful violation requires intent, and how the false or incomplete filing ground covers inadvertent errors instead
• The 30-day retroactive limitation on acting against effective registrations based on facts known at the time of effectiveness, and why this period is identical for securities and person registrations
• How summary postponement allows immediate suspension without prior notice or hearing, and the 15-day window to set a hearing after written request
• Why failure to request a hearing leaves a summary postponement in effect indefinitely, and the procedural contrast with normal due process (notice, hearing, and written findings first)