Rule Violation | Whether composition may be offered | Composition Amount which may be Offered by the Clearing House, where the Clearing House 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 | ||
Chapter 5 — Arbitration | ||||||
5.01.2.3 | Clearing Member not to fail or refuse to arbitrate or settle dispute | Not Compoundable | Not Compoundable | $10,000 | ||
5.01.2.4 | Clearing Members to cause their Sellers or Buyers to agree to arbitrate if there is dispute as a result of or arising in connection with a deliverable commodity futures contract | Not Compoundable | Not Compoundable | $10,000 |
Added on 16 May 201116 May 2011.