Source: https://www.consumerfinance.gov/policy-compliance/rulemaking/regulations/1010/14/
Timestamp: 2020-06-07 04:13:05
Document Index: 244869719

Matched Legal Cases: ['§ 1010', '§ 1010', '§ 1012', '§ 1010', '§ 1010', '§ 1010', '§ 1010', '§ 1010']

§ 1010.14 Regulatory exemptions. | Consumer Financial Protection Bureau
§ 1010.14 Regulatory exemptions.
(b) Termination. If the Director has reasonable grounds to believe that exemption from the registration requirements in a particular case is not in the public interest, the Director may, after issuing a notice and giving the respondent an opportunity to request a hearing within fifteen days of receipt of the notice, terminate eligibility for exemption. The basis for issuing a notice may be the conduct of the developer or agent, such as unlawful conduct or insolvency, or adverse information about the lots or real estate that should be disclosed to the purchasers. Proceedings will be governed by § 1012.238.
(c) The sale must also comply with the anti-fraud provisions of § 1010.4(b) and (c) of this part.
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