- (a) The Securities Commissioner may, for good cause, upon the commissioner’s own motion or upon motion by a party, consolidate separate matters that involve related questions of law or fact, or identical parties if it appears that consolidation would promote a just, speedy, and inexpensive resolution of the proceedings, and would not unduly prejudice the rights of a party.
(b)
- (1) The commissioner may, for good cause, upon the commissioner’s own motion or upon motion by a party, sever the proceeding for separate resolution of the matter as to any party or issue.
- (2) In determining whether to sever the proceeding, the commissioner shall consider whether any undue prejudice or injustice that would result from not severing the proceeding outweighs the interests of judicial economy and expeditiousness in the complete and final resolution of the proceeding.