§ 148.7 Rulemaking on maximum rates for attorney fees.
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Title 17 CFR: Commodity and Securities Exchanges › Chapter I: COMMODITY FUTURES TRADING COMMISSION › Part 148: IMPLEMENTATION OF THE EQUAL ACCESS TO JUSTICE ACT IN COVERED ADJUDICATORY PROCEEDINGS BEFORE THE COMMISSION › Subpart A: General Provisions › § 148.7: § 148.7 Rulemaking on maximum rates for attorney fees.
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(a) If warranted by an increase in the cost of living or by special circumstances (such as limited availability of attorneys qualified to handle certain types of proceedings), the Commission may adopt regulations providing that attorney fees may be awarded at a rate higher than $75 per hour in some or all of the types of proceedings covered by this part. The Commission will conduct any rulemaking proceedings for this purpose under the informal rulemaking procedures of the Administrative Procedure Act, 5 U.S.C. 553.
(b) Any person may file with the Commission a petition for rulemaking to increase the maximum rate for attorney fees, in accordance with § 13.2 of this chapter.
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