Whole Section

  • 7.7 Disciplinary Committee Proceedings

    • 7.7.1 Disciplinary Committee Procedures

      Procedures may be issued in relation to Disciplinary Committee proceedings. The procedures are binding on all the parties to the proceedings and may be varied by the Disciplinary Committee as provided in the procedures or this Rules. Where any matter is not dealt with by the procedures or this Rules, the Disciplinary Committee may establish its own procedures.

      Refer to the [Disciplinary Committee and Appeals Committee Handbook].

      Amended on 3 June 20193 June 2019.

    • 7.7.8 Decision of Disciplinary Committee

      (a) [deleted]
      (b) The Disciplinary Committee shall provide written grounds of its decision, which shall include any Sanctions imposed against the Member, Approved Trader, or Registered Representative, within a reasonable period after the conclusion of the hearing.
      (c) The Disciplinary Committee shall cause its written grounds of decision to be published, unless the Sanction imposed involves the issuance of a private reprimand. Where a private reprimand is issued by the Disciplinary Committee, the Disciplinary Committee shall determine whether the written grounds of decision are to be published in part or in whole.
      (d) Each Member, Approved Trader or Registered Representative irrevocably consents to the publication of the Disciplinary Committee's written grounds of decision pursuant to Rule 7.7.8. The consent will remain valid and effective notwithstanding that the Member, Approved Trader, or Registered Representative ceases to be a Member, Approved Trader, or Registered Representative. A Member, Approved Trader, or Registered Representative cannot initiate any action or proceeding against the Exchange or the Disciplinary Committee for such publication.

      Amended on 3 June 20193 June 2019.

    • 7.7.9 Finality of Proceeding or Findings

      No proceeding or determination in respect of a Rule Violation shall be annulled, avoided, called into question or set aside by reason of the fact that the matter under consideration may or should have been dealt with by another committee under the business rules of any other exchange or clearing house, or that the Person concerned was absent from the hearing after having been given notice thereof.