[Code of Federal Regulations]
[Title 17, Volume 2]
[Revised as of April 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR204.5]

[Page 205]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER II--SECURITIES AND EXCHANGE COMMISSION
 
PART 204--RULES RELATING TO DEBT COLLECTION--Table of Contents
 
                    Subpart A--Administrative Offset
 
Sec. 204.5  Debtor's failure to respond.

    If the debtor fails to respond to the notice described in Sec. 204.4 
(c) by the proposed effective date specified in the notice, the 
Commission may take further action under this section or under the 
Federal Claims Collection Standards (4 CFR parts 101 through 105). The 
Commission may collect by administrative offset if the debtor:
    (a) Has not made payment by the payment due date;
    (b) Has not requested a review of the claim within the agency as set 
out in Sec. 204.6; or
    (c) Has not made an arrangement for payment by the payment due date.