GroundRules
17 CFR 143.5: Collection by compromise.
Where this section sits in the code
- Title 17—Commodity and Securities Exchanges
- CHAPTER I—COMMODITY FUTURES TRADING COMMISSION
- PART 143—COLLECTION OF CLAIMS OWED THE UNITED STATES ARISING FROM ACTIVITIES UNDER THE COMMISSION'S JURISDICTION
- Subpart A—General Provisions
The Commission may settle claims not exceeding $100,000 (excluding interest) by compromise at less than the principal amount of the claim if—
(a) The debtor shows an inability to pay the full amount within a reasonable period of time;
(b) The Government would be unable to enforce collection in full through litigation or administrative means within a reasonable period of time;
(c) The cost of collecting the claim in full is not justified by the amount of the claim; or
(d) The Commission's enforcement policy would be served by settlement of the claim for less than the full amount.
Collected 2026-08-27T02:24:31Z. Source file · JSON