Current through September 30, 2024
Section 1320.15 - Notification of final determination regarding systemic importance(a)Notification of final determination after a hearing. Within 60 calendar days of the hearing date, the Council shall provide to the financial market utility written notification of the final determination of the Council under § 1320.13 , which shall include findings of fact upon which the determination of the Council is based.(b)Notification of final determination if no hearing. If the Council does not receive a timely request for a hearing under § 1320.12 , the Council shall provide the financial market utility written notification of the final determination of the Council under § 1320.13 not later than 30 calendar days after the expiration of the date by which a financial market utility could have requested a hearing.