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Chapter 5 — Physical Delivery

Rule Violation Whether composition may be offered Composition Amount which may be Offered by the Exchange, where the Exchange has Determined the Member, Approved Trader and/or Registered Representative to be Liable Mandatory minimum penalty imposable by the DC
Rule Chapter/Number Brief Description of Rule Members Approved Traders Registered Representatives
1st Violation 2nd Violation 3rd Violation 1st Violation 2nd Violation 3rd Violation 1st Violation 2nd Violation 3rd Violation
Chapter 5 — Physical Delivery
5.1 Title Documents and Physical Delivery Procedures
5.1.1 Member to cooperate with Clearing Member to enable Clearing Member to effect delivery of Title Documents against payment Not Compoundable Not Compoundable N.A. N.A. N.A. N.A. N.A. N.A. $10,000
5.1.2 Member to mitigate risk of non-delivery Not Compoundable Not Compoundable N.A. N.A. N.A. N.A. N.A. N.A. $10,000
5.1.3 General Trading Member not to finance Performance Deposits or other Escrow Assets Not Compoundable Not Compoundable N.A. N.A. N.A. N.A. N.A. N.A. $10,000
5.1.5 Member not to default on delivery Not Compoundable Not Compoundable N.A. N.A. N.A. N.A. N.A. N.A. $10,000

Added on 16 May 201116 May 2011.