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12.5.7

The Disciplinary Committee may impose one or more of the following sanctions:

(a) expelling a Registered Person. The Disciplinary Committee may order a Registered Person to be expelled notwithstanding that he has resigned;
(b) suspending a Registered Person;
(c) imposing a fine not exceeding S$250,000 per charge on a Registered Person, or in the case of multiple charges, not exceeding S$1,000,000 per hearing;
(d) reprimanding (publicly or privately) a Registered Person;
(e) requiring that a Registered Person undertake an education or compliance programme;
(f) imposing any restrictions or conditions on activities that a Registered Person undertakes;
(g) requiring a Registered Person to pay reimbursement or compensation;
(h) ordering payment of fines by instalments, which shall not exceed 12 months from the date of imposition of the fine, unless otherwise permitted by the Disciplinary Committee;
(i) requiring that any Director or Officer step down from day-to-day conduct of the business affairs of a Trading Member;
(j) confirming, changing or discharging the appointment of a Manager under Rule 2.22.4(c).

Added on 3 June 20193 June 2019.