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shaman919

12/07/19 10:41 PM

#189400 RE: Think1st #189395

That's no my take on it after reading the petition process on sec website. My understanding is they can file a cross-petition to have it declined. Also can file a motion to have decision affirmed. And from what I read that is also a 21 day period tops. Most importantly the petition needs to be accepted by the majority of commissioners. Which I believe will be hard to get, since it would challenge a freshly promoted and highly regarded judge.

(e) Summary Affirmance.

(1) At any time within 21 days after the filing of a petition for review pursuant to Rule 410(b), any party may file a motion in accordance withRule 154 asking that the Commission summarily affirm an initial decision. Any party may file an opposition and reply to such motion in accordance with Rule 154. Pending determination of the motion for summary affirmance, the Commission, in its discretion, may delay issuance of a briefing schedule order pursuant to Rule 450.
https://www.sec.gov/about/rulesprac042004.htm#411