Application rejection for non conforming custodian filings requires notice and a specified opportunity to cure before refusal. Registration applications for custodians that are incomplete or non conforming shall be rejected, but the Board must first give the applicant notice of deficiencies and an opportunity, within a specified time, to remove the objections before rejecting the application.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Application rejection for non conforming custodian filings requires notice and a specified opportunity to cure before refusal.
Registration applications for custodians that are incomplete or non conforming shall be rejected, but the Board must first give the applicant notice of deficiencies and an opportunity, within a specified time, to remove the objections before rejecting the application.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.