Appeal to Securities Appellate Tribunal: aggrieved persons may challenge Board orders; Tribunal may confirm, modify or set aside. Any person aggrieved by an order of the Board under the Act or regulations, including orders by an adjudicating officer, may prefer an appeal to the Securities Appellate Tribunal. An appeal must ordinarily be filed within forty-five days from receipt of the Board's order, subject to the Tribunal admitting late appeals for sufficient cause; appeals must be in prescribed form with prescribed fee. The Tribunal may, after hearing parties, confirm, modify or set aside the order, send its order copies to the Board and parties, and endeavour to dispose of the appeal finally within six months.
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Appeal to Securities Appellate Tribunal: aggrieved persons may challenge Board orders; Tribunal may confirm, modify or set aside.
Any person aggrieved by an order of the Board under the Act or regulations, including orders by an adjudicating officer, may prefer an appeal to the Securities Appellate Tribunal. An appeal must ordinarily be filed within forty-five days from receipt of the Board's order, subject to the Tribunal admitting late appeals for sufficient cause; appeals must be in prescribed form with prescribed fee. The Tribunal may, after hearing parties, confirm, modify or set aside the order, send its order copies to the Board and parties, and endeavour to dispose of the appeal finally within six months.
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