Below is the Rule by which the extension has been
Post# of 2306
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Posted On: 07/22/2020 11:05:57 PM
Re: gopher broke #2273
Below is the Rule by which the extension has been granted 161.2
Rule 161. Extensions of Time, Postponements and Adjournments. I am assuming it’s this part found below:
“(ii) the number of postponements, adjournments or extensions already granted”
(a) Availability. Except as otherwise provided by law, the Commission, at any time, or the hearing officer, at any time prior to the filing of his or her initial decision or, if no initial decision is to be filed, at any time prior to the closing of the record, may, for good cause shown, extend or shorten any time limits prescribed by these Rules of Practice for the filing of any papers and may, consistent with paragraphs (b) and (c) of this rule, postpone or adjourn any hearing.
(b) Considerations in Determining Whether to Extend Time Limits or Grant Postponements, Adjournments and Extensions.
(1) In considering all motions or requests pursuant to paragraph (a) or (b) of this rule, the Commission or the hearing officer should adhere to a policy of strongly disfavoring such requests, except in circumstances where the requesting party makes a strong showing that the denial of the request or motion would substantially prejudice their case. In determining whether to grant any requests, the Commission or hearing officer shall consider, in addition to any other relevant factors:
(i) the length of the proceeding to date;
(ii) the number of postponements, adjournments or extensions already granted;
(iii) the stage of the proceedings at the time of the request;
(iv) the impact of the request on the hearing officer's ability to complete the proceeding in the time specified by the Commission; and
(v) any other such matters as justice may require.
https://www.sec.gov/about/rulesprac072003.htm
Rule 161. Extensions of Time, Postponements and Adjournments. I am assuming it’s this part found below:
“(ii) the number of postponements, adjournments or extensions already granted”
(a) Availability. Except as otherwise provided by law, the Commission, at any time, or the hearing officer, at any time prior to the filing of his or her initial decision or, if no initial decision is to be filed, at any time prior to the closing of the record, may, for good cause shown, extend or shorten any time limits prescribed by these Rules of Practice for the filing of any papers and may, consistent with paragraphs (b) and (c) of this rule, postpone or adjourn any hearing.
(b) Considerations in Determining Whether to Extend Time Limits or Grant Postponements, Adjournments and Extensions.
(1) In considering all motions or requests pursuant to paragraph (a) or (b) of this rule, the Commission or the hearing officer should adhere to a policy of strongly disfavoring such requests, except in circumstances where the requesting party makes a strong showing that the denial of the request or motion would substantially prejudice their case. In determining whether to grant any requests, the Commission or hearing officer shall consider, in addition to any other relevant factors:
(i) the length of the proceeding to date;
(ii) the number of postponements, adjournments or extensions already granted;
(iii) the stage of the proceedings at the time of the request;
(iv) the impact of the request on the hearing officer's ability to complete the proceeding in the time specified by the Commission; and
(v) any other such matters as justice may require.
https://www.sec.gov/about/rulesprac072003.htm
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