12 CFR 263.50 - Purpose and scope.
(a) This subpart prescribes the rules of practice and procedure governing formal adjudications set forth in § 263.50(b) of this subpart, and supplements the rules of practice and procedure contained in subpart A of this part.
(b) The rules and procedures of this subpart and subpart A of this part shall apply to the formal adjudications set forth in § 263.1 of subpart A and to the following adjudications:
(3) Issuance of a cease-and-desist order under section 11 of the Clayton Act ( 15 U.S.C. 21);
(6) Issuance of a divestiture order under section 5(e) of the BHC Act ( 12 U.S.C. 1844(e));
(7) Imposition of sanctions upon any municipal securities dealer for which the Board is the appropriate regulatory agency, or upon any person associated or seeking to become associated with such a municipal securities dealer, under section 15B(c)(5) of the Exchange Act ( 15 U.S.C. 78o-4);
(8) Proceedings where the Board otherwise orders that a formal hearing be held;
(9) Termination of the activities of a state branch, state agency, or commercial lending company subsidiary of a foreign bank in the United States, pursuant to section 7(e) of the IBA ( 12 U.S.C. 3105(d));
(14) Issuance of an order requiring a member bank to dismiss a director or senior executive officer under section 38 (e)(5) and 38(f)(2) (F)(ii) of the FDI Act ( 12 U.S.C. 1831o(e)(5) and 1831o(f)(2) (F)(ii));
(15) Adjudications under section 10 of the HOLA ( 12 U.S.C. 1467a).