(1) Upon conclusion of the hearing, the Appeals Committee shall within a specified period of no more than 6 weeks, determine if the proceeded charges have been made out or if the decision of the Exchange is to be upheld and provide a written grounds of decision. In coming to a decision, the Appeals Committee may:
(a) dismiss the appeal;
(b) uphold, reverse or vary the decision of the Disciplinary Committee or the Exchange;
(c) uphold, reverse or vary the specific findings of the Disciplinary Committee;
(d) direct that the Exchange take a specific course of action;
(e) vary the sanctions imposed by the Disciplinary Committee; or
(f) issue any other order which it deems appropriate.
(2) Where the Appeals Committee makes a finding that the charge is made out, the Appeals Committee shall also include in the written grounds, the sanctions to be imposed against the Relevant Person. In imposing sanctions, the Appeals Committee shall have all the powers of the Disciplinary Committee under Rule 1417.
Added on 7 October 20157 October 2015.