A broker requests a hearing with the Commissioner. Within how many days must the hearing be held?

A broker requests a hearing with the Commissioner. Within how many days must the hearing be held?

• A. 15 days
• B. 30 days
• C. 45 days
• D. 60 days

Answer: (B)

When a broker asks for a hearing with the Commissioner, the goal is to resolve the matter promptly so due process is preserved. The rule sets a specific, measurable timeframe for scheduling, ensuring the hearing occurs without undue delay. The correct timeframe is thirty days, meaning the hearing must be held within 30 days of the request. This balances giving the broker enough time to prepare with the need to move the matter forward in a timely way. Other intervals—fifteen, forty-five, or sixty days—either rush preparation or unnecessarily delay resolution, which is why they aren’t the standard. If an extension is needed, it would typically be by mutual agreement, but the default expectation is a hearing within thirty days.

When a broker asks for a hearing with the Commissioner, the goal is to resolve the matter promptly so due process is preserved. The rule sets a specific, measurable timeframe for scheduling, ensuring the hearing occurs without undue delay. The correct timeframe is thirty days, meaning the hearing must be held within 30 days of the request. This balances giving the broker enough time to prepare with the need to move the matter forward in a timely way. Other intervals—fifteen, forty-five, or sixty days—either rush preparation or unnecessarily delay resolution, which is why they aren’t the standard. If an extension is needed, it would typically be by mutual agreement, but the default expectation is a hearing within thirty days.