[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR12.20]

[Page 277-278]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 12_RULES RELATING TO REPARATIONS--Table of Contents
 
Subpart A_General Information and Preliminary Consideration of Pleadings
 
Sec.  12.20  Response to counterclaim; reply; election of procedure.

    (a) Response to counterclaim. If an answer asserts a counterclaim, 
the complainant shall, within thirty (30) days after service upon him of 
the answer by the respondent: (1) Satisfy the counterclaim as if it were 
a complaint, in the manner prescribed by Sec.  12.17 of these rules; or 
(2) file a reply to the counterclaim with the Commission.
    (b) Form and content of reply. Should the complainant, under this 
paragraph, elect to file a reply to a counterclaim, the reply shall be 
strictly confined to

[[Page 278]]

the matters alleged in the counterclaim and shall conform to the form 
and content and other requirements set forth in Sec.  12.18 of these 
rules.
    (c) Election of decisional procedure. If neither the complainant nor 
the respondent, in the complaint or answer respectively, has previously 
made an election of the summary decisional procedure or the formal 
decisional procedure, the complainant may make such an election in his 
reply.