cease-and-desist order

American  

[sees-uhn-di-zist, -sist] / ˈsis ən dɪˈzɪst, -ˈsɪst /

noun

1. an order by a government agency to a person or corporation to terminate a business practice found by the agency to be illegal or unfair.

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Etymology

Origin of cease-and-desist order

First recorded in 1925–30

Example Sentences

The bank also agreed to a cease-and-desist order from the Federal Reserve in 2024, which it characterized as similar to actions taken against others in the industry and said would not affect its business.

From MarketWatch

In June 2024, the Federal Reserve Board sent Evolve a cease-and-desist order, demanding Evolve overhaul its risk-management and compliance programs.

From MarketWatch

On Jan. 30, the sisters responded through their lawyer, denying wrongdoing and issuing a cease-and-desist order to Summers, demanding that she stop posting about the sisters and issue a public apology.

From Los Angeles Times

The state insurance department also filed a cease-and-desist order against the plan in July over its claims handling, while a 2022 state probe found that in 2017 and 2018 the plan issued smoke-damage policies that were illegal and then did not “diligently pursue” an investigation of the claims.

From Los Angeles Times

In making his call to action, Newsom cited a cease-and-desist order Insurance Commissioner Ricardo Lara issued to the plan in July that calls on it to stop employing a smoke-damage standard that courts have deemed to be illegal.

From Los Angeles Times