Cease and Desist Order

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Cease and Desist Order

An order issued by an Administrative Agency or a court proscribing a person or a business entity from continuing a particular course of conduct.

The force and effect of a cease and desist order are similar to those of an Injunction issued by a court.

cease and desist order

n. an order of a court or government agency to a person, business or organization to stop doing something upon a strong showing that the activity is harmful and/or contrary to law. The order may be permanent or hold until a final judicial determination of legality occurs. In many instances the activity is believed to cause irreparable damage such as receipt of funds illegally, felling of timber contrary to regulation, selling of shares of stock without a proper permit, or oil drilling which would damage the ecology.

References in periodicals archive ?
In November 2002, Board Enforcement Counsel initiated this action against Respondents, seeking an order of prohibition against Carl Thomas, a cease-and-desist order against all Respondents, and civil money penalties ranging from $10,000 to $250,000 against each Respondent.
The SEC said yesterday that it is suing Siebel for violating Regulation FD, which prohibits executives from public companies from discussing material financial information privately, and, in doing so, for violating the cease-and-desist order.
"We've posted several cease-and-desist orders on the property, and we will continue to do so."
Joseph says he doesn't expect a fraud case to develop that will require a cease-and-desist order for perhaps six months -- the law went into effect July 1.
The legal wrangling between Polymer Resources and the DEP began April 9, 1992 when Keeney issued a cease-and-desist order, claiming the compounder was releasing one or more of eight toxic gases into the surrounding air.
(Ahmopi) has welcomed the Insurance Commission's issuance of a cease-and-desist order on Caritas Health Shield Inc.
Caritas Health Shield had also informed the IC of their move to resolve the previous complaints against unscrupulous agents, hence the company was 'saddened and surprised' by the regulator's cease-and-desist order.
An exclusion order, preventing the importation of infringing products into the United States for three of the patents, as well as a cease-and-desist order, continues to be Judge McNamara's recommendation.
As such, and because Arete had "no other basis" to register with the SEC, "it was prohibited from registering with the Commission as an investment advisor," according to the cease-and-desist order.
On Tuesday, a lawyer for the railroad asked Judge David Ricciardone in Worcester Superior Court to dissolve a 2013 preliminary injunction upholding Grafton's cease-and-desist order against the railroad's plan.
Cascade Bancorp (NASDAQ: CACB), the holding company for Bank of the Cascades, has announced that the bank's regulators have terminated a cease-and-desist order against it.
Dabbs Cavin, CEO of the holding company and bank, called the end of the cease-and-desist order "a significant milestone and a major step forward for First Federal."