### Question
How is the "covered judicial or administrative action" defined?


### Answer
The term **covered judicial or administrative action** is defined in *7 U.S.C. § 26* as follows -

> any judicial or administrative action brought by the Commission under this chapter that results in monetary sanctions exceeding $1,000,000

#### Citation:
  - *7 U.S.C. § 26*
  - Heading: **CHAPTER 1-COMMODITY EXCHANGES**

