6B.6 Valuation of Collateral
CDP shall value Collateral deposited with or provided to CDP as it deems appropriate. CDP shall, at its sole discretion, determine(1) what monies and assets are acceptable as Collateral;(2) when any monies and/or assets cease to be acceptable as Collateral; and(3) the valuation to be attributed thereto.
If any Collateral deposited or provided by any Clearing Member is found in any way to be unacceptable by CDP, CDP shall have the right to immediately give a zero value to such Collateral for the purposes of satisfying such Clearing Member's obligations under these Clearing Rules or as may otherwise be owing to CDP, pursuant to which such Collateral was deposited or provided.
Following revaluation of any Collateral deposited with or provided to CDP, where such Collateral is found to be insufficient to meet any obligation of the Clearing Member under these Clearing Rules or as may otherwise be owing to CDP, pursuant to which such Collateral was deposited or provided, the Clearing Member shall deposit with or provide to CDP such additional Collateral as may be required to meet such obligation, within such time as CDP may require.