17 CFR § 204.50 - Purpose.

---
identifier: "/us/cfr/t17/s204.50"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 204.50 - Purpose."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "204.50"
section_name: "Purpose."
chapter_name: "SECURITIES AND EXCHANGE COMMISSION"
part_number: "204"
part_name: "RULES RELATING TO DEBT COLLECTION"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
cfr_part: "204"
---


# 204.50 Purpose.

This subpart establishes procedures for the Commission's referral of past-due legally enforceable debts to the Department of the Treasury's Financial Management Service (FMS) for offset against the income tax refunds of the debtor.

[66 FR 54132, Oct. 26, 2001]