Administrative Actions

What this video covers

• The two-part test for denial, suspension, or revocation: public interest plus a specific statutory ground, and why neither prong alone is enough
• The 10-year lookback for felony convictions of any type versus securities-related misdemeanors only, and why lack of experience alone cannot bar registration
• The 90-day rule for persons: when a disclosed final judicial or administrative order becomes time-barred, and why stayed or appealed orders are never "final"
• Why the 90-day rule for persons and the 30-day stop order rule for securities are entirely separate concepts with different triggers
• Summary suspension as the only exception to prior notice and hearing, and the 15-day hearing deadline if the registrant requests one in writing
• Standard due process protections: prior notice, opportunity for hearing, and written findings of fact and conclusions of law
• Cancellation versus withdrawal: death, disappearance, or incompetence versus voluntary retirement, and the one-year post-withdrawal jurisdictional tail