Notwithstanding and without prejudice to the powers of the Appeals Committee or the Disciplinary Committee, the Exchange may suspend in whole or in part the privileges of any Approved Trader or a Registered Representative for a period of up to one (1) year upon the occurrence of any of the following events:
(a) the sponsoring Member's trading privileges are suspended pursuant to Rule 2.15.2
(b) an application by an Approved Trader or a Registered Representative for registration contains material errors or omissions or is misleading in a material respect;
(c) an Approved Trader or a Registered Representative is found guilty in a court of law of misconduct or willful neglect in a manner contrary to the Act;
(d) an Approved Trader or a Registered Representative is convicted of an offence involving fraud or dishonesty;
(e) an Approved Trader or a Registered Representative files a petition for bankruptcy;
(f) a Registered Representative's licence under the Act is suspended, revoked, or has expired, or, in the case of a Registered Representative who is exempted from holding a licence under the Act, MAS imposes conditions or restrictions on the Registered Representative;
(g) an Approved Trader or a Registered Representative fails to pay any fee, levy or charge as prescribed by the Exchange from time to time; or
(h) an Approved Trader or a Registered Representative acts in a manner which in the Exchange's opinion:
(i) impairs the goodwill or reputation of the Exchange or any Markets; or
(ii) impairs the operation of a fair, orderly and transparent market by the Exchange.
Amended on 25 August 200925 August 2009.