- (a) The Securities Commissioner may, for good cause, upon the commissioner’s own motion or upon motion by a party or the State Securities Department, consolidate proceedings involving related questions of law or fact.
(b)
- (1) The commissioner may, for good cause, upon the commissioner’s own motion or upon motion by a party or the department, 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.