Notice of disciplinary sanctions imposed by registered clearing agency.

CFR · 2024-01-01 · US · Title 12

(a) (1) Imposes any final disciplinary sanction on any participant therein; (2) Denies participation to any applicant; or (3) Prohibits or limits any person in respect to access to services offered by the clearing agency, shall file with the Board (and the appropriate regulatory agency, if other than the Board, for a participant or applicant) notice thereof in the manner prescribed in this section. (b) (i) One or more violations of the rules of the registered clearing agency; or (ii) Acts or practices constituting a statutory disqualification of a type defined in paragraph (iv) or (v) (except prior convictions) of section 3(a)(39) of the Act. (2) However, if a registered clearing agency fee schedule specifies certain charges for errors made by its participants in giving instructions to the registered clearing agency which are (c) (1) The name of the respondent and the respondent's last known address, as reflected on the records of the clearing agency, and the name of the person, committee, or other organizational unit that brought the charges. However, identifying information as to any respondent found not to have violated a provision covered by a charge may be deleted insofar as the notice reports the disposition of that charge and, prior to the filing of the notice, the respondent does not request that identifying information be included in the notice; (2) A statement describing the investigative or other origin of the action; (3) As charged in the proceeding, the specific

official document · source cfr-2024 · id 12:§ 208.32