(a)

1. (1) Hearings shall be conducted so as to provide a fair and expeditious presentation of the relevant disputed issues.
2. (2) The State Securities Department and each party has the right to present its case or defense by oral examination and documentary evidence and to conduct such cross-examination as may be required for full disclosure of the facts.

(b)

1. (1) The department shall present its case-in-chief first, unless otherwise ordered by the Securities Commissioner or expressly specified by law.
2. (2) The department shall be the first to present an opening statement and a closing statement, and may make a rebuttal statement after the other party’s closing statement or, in the case of multiple parties, after the closing statements of all parties.

(c)

1. (1) The commissioner may, at any time prior to the rendering of a final decision, reopen the hearing upon the motion of the commissioner, any party, or the department for good cause shown.
2. (2) The parties, intervenors, and the staff shall be notified of the reopening and the hearing shall be convened not less than five (5) days after the sending of such notice unless waived by the parties and the staff.