Cease and desist proceedings.

CFR · 2024-01-01 · US · Title 12

(a) (ii) (iii) (2) (3) (b) (1) Require the regulated entity or entity-affiliated party to make restitution, or to provide reimbursement, indemnification, or guarantee against loss, if— (i) Such entity or party or finance facility was unjustly enriched in connection with such practice or violation, or (ii) The violation or practice involved a reckless disregard for the law or any applicable regulations, or prior order of the Director; (2) Require the regulated entity to seek restitution, or to obtain reimbursement, indemnification, or guarantee against loss; as (3) Restrict asset or liability growth of the regulated entity; (4) Require the regulated entity to obtain new capital; (5) Require the regulated entity to dispose of any loan or asset involved; (6) Require the regulated entity to rescind agreements or contracts; (7) Require the regulated entity to employ qualified officers or employees (who may be subject to approval by the Director at the direction of the Director); and (8) Require the regulated entity to take such other action, as the Director (c) (d) (2)

official document · source cfr-2024 · id 12:§ 1209.5