Past version: Effective from 22 Apr 2013 to 05 Sep 2021
| Rule Violation | Whether composition may be offered | Composition Amount which may be Offered by CDP, where CDP has Determined the Clearing Member to be Liable | Mandatory minimum penalty imposable by the DC | |||
| Rule Chapter/Number | Brief Description of Rule | 1st Violation | 2nd Violation | 3rd Violation | ||
| Rule 8 — Default Rules | ||||||
| 8.6B | Application of Margins and Collateral | |||||
| 8.6B.2 | Clearing Member not to take any action or do anything that will interfere with CDP's ability to apply Contributions, margins or Collateral | Not Compoundable | Not Compoundable | $10,000 | ||
| 8.7 | Certification of Net Sum Due | |||||
| 8.7.1 | Clearing Member to make payment of net amount payable to CDP in respect of Clearing Member's rights and obligations under these Clearing Rules | Not Compoundable | Not Compoundable | $10,000 | ||
| 8.9 | Clearing Members to Render Assistance | |||||
| 8.9.1 | Defaulting Clearing Member to render all assistance and information, and to comply with all other requirements. | Not Compoundable | N.A. | N.A. | N.A. | $10,000 |
| 8.9.2 | Clearing Members to assist with the settlement of New Sale Contracts and New Purchase Contracts. | Not Compoundable | N.A. | N.A. | N.A. | $10,000 |
Added on 16 May 201116 May 2011 and amended on 21 January 201321 January 2013 and 22 April 201322 April 2013.