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Circular 230 § 10.61

Conferences.

eCFR editorial change effective 2016-12-30 · current text · last amended by T.D. 9527, 76 FR 32309, June 3, 2011
(a) In general. The Commissioner, or delegate, may confer with a practitioner, employer, firm or other entity, or an appraiser concerning allegations of misconduct irrespective of whether a proceeding has been instituted. If the conference results in a stipulation in connection with an ongoing proceeding in which the practitioner, employer, firm or other entity, or appraiser is the respondent, the stipulation may be entered in the record by either party to the proceeding.
(b) Voluntary sanction
(1) In general. In lieu of a proceeding being instituted or continued under § 10.60(a), a practitioner or appraiser (or employer, firm or other entity, if applicable) may offer a consent to be sanctioned under § 10.50.
(2) Discretion; acceptance or declination. The Commissioner, or delegate, may accept or decline the offer described in paragraph (b)(1) of this section. When the decision is to decline the offer, the written notice of declination may state that the offer described in paragraph (b)(1) of this section would be accepted if it contained different terms. The Commissioner, or delegate, has the discretion to accept or reject a revised offer submitted in response to the declination or may counteroffer and act upon any accepted counteroffer.
(c) Effective/applicability date. This section is applicable beginning August 2, 2011.
Pension Law Library · https://pensionresource.website/EAMain?content=EAMain.Law&id=cfr31-10.61 · printed October 16, 2026. Unofficial copy compiled from official federal sources; verify against the official text before relying on it.