Cease And Desist


Cease And Desist
An order given by a government administrative agency or the courts to stop any suspicious or illegal activities. Falling under the Financial Institutions Regulator Act of 1978, a cease-and-desist order places an injunction on a company or person, prohibiting the activities that are deemed suspect.

For corporations or financial institutions, a cease-and-desist order may be issued to prevent risky banking practices or the sale of fraudulent securities. After notification is given, a hearing is usually called to determine whether any wrongdoing has occurred, or if the action may continue. Failure to comply with a cease-and-desist order is punishable by the courts.


Investment dictionary. . 2012.

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  • Cease And Desist — « Cease and desist » (cesser et renoncer) est un terme juridique anglo saxon signifiant essentiellement stop. Il est employé pour demander à une personne ou une organisation de cesser de manière permanente de faire quelque chose (cesser …   Wikipédia en Français

  • Cease and desist — « Cease and desist » (cesser et renoncer) est un terme juridique anglo saxon signifiant essentiellement stop. Il est employé pour demander à une personne ou une organisation de cesser de manière permanente de faire quelque chose (cesser …   Wikipédia en Français

  • Cease and desist — A cease and desist is an order or request to halt an activity (cease) and not to take it up again later (desist) or else face legal action. The recipient of the cease and desist may be an individual or an organization. In the U.S. the term is… …   Wikipedia

  • cease and desist — 1. verb To stop and to not resume an action. 2. noun A demanding that one cease and desist from continuing certain behavior, such as copyright infringement, trademark infringement, slander, or libel. a cease and desist letter; a cease and desist… …   Wiktionary

  • cease and desist order — n. An order by a court, agency, or judicial body telling someone to stop doing a particular activity, usually because the activity in question is illegal. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy… …   Law dictionary

  • cease–and–desist order — see order 3b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • cease and desist letter — A letter from an intellectual property owner that requests that alleged illegal activity, such as copyright infringement, be stopped immediately. Category: Patent, Copyright & Trademark → Copyright Law Nolo’s Plain English Law Dictionary. Gerald… …   Law dictionary

  • cease and desist order — noun (law) a judicial remedy issued in order to prohibit a party from doing or continuing to do a certain activity injunction were formerly obtained by writ but now by a judicial order • Syn: ↑injunction, ↑enjoining, ↑enjoinment • Derivationally… …   Useful english dictionary

  • cease-and-desist order — An order issued after notice and opportunity for hearing, requiring a depository institution, a holding company or a depository institution official to terminate unlawful, unsafe or unsound banking practices. Cease and desist orders are issued by …   Financial and business terms

  • cease and desist order — An order of an administrative agency or court prohibiting a person or business firm from continuing a particular course of conduct, e.g. Fed. Trade Commission may order a business to cease and desist from misbranding or misadvertising its… …   Black's law dictionary