§ 12.402 Appeal of disposition of less than all claims or parties in a proceeding.

FederalRegulations

Ask Donna

How this section applies to your facts.

Title 17 CFR: Commodity and Securities Exchanges › Chapter I: COMMODITY FUTURES TRADING COMMISSION › Part 12: RULES RELATING TO REPARATIONS › Subpart F: Commission Review of Decisions › § 12.402: § 12.402 Appeal of disposition of less than all claims or parties in a proceeding.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

(a)

In general.

Where two or more different claims for relief are presented, or where multiple parties are involved, in a proceeding forwarded pursuant to § 12.26(b) or (c), the Administrative Judge or Administrative Law Judge, may upon the Judge's own motion or by motion of a party, direct that an initial decision or other order disposing of one or more, but fewer than all of the claims or parties, shall be final and immediately appealable to the Commission. Such a direction may be made only upon an express determination that there is no just reason for delay. When such a direction is made, a party may appeal the initial decision or order in accordance with the procedure prescribed by § 12.401.

(b)

When decision is not appealable.

In the absence of such a direction by the Administrative Judge or an Administrative Law Judge, an initial decision or order disposing of fewer than all of the claims or all of the parties shall be subject to revision by the decisionmaker at any time before a disposition is made of all remaining claims or parties, and no appeal may be taken to the Commission pursuant to this section.

[86 FR 64361, Nov. 18, 2021]

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

A word about cookies

We need a few to keep you signed in and the library working. The rest help us see which pages people use and where they get stuck. They stay off unless you say yes.

§ 12.402 Appeal of disposition of less than all claims or parties in a proceeding. · 17 C.F.R. § 12.402 (2026) | Frix