7.03.12 Security Deposits to be Restored

Past version: Effective up to 06 Aug 2012

7.03.12.1 In the event that it shall become necessary as provided in Rule 7.03 to apply all or part of the Security Deposits to meet obligations to the Clearing House (other than a Clearing Member's own obligation resulting from the substitution of the Clearing House on its trades), the Clearing Member shall immediately make good any such deficiency in Security Deposits prior to the close of business on the Business Day immediately following such application.