Whole Section

  • 7A.03 Open Contracts of Other Suspended or Expelled Clearing Members

    • 7A.03.1

      When a Clearing Member is suspended (including on a voluntary basis) or expelled for a violation of this Rules, other than for insolvency or default on its obligations to the Clearing House, the Clearing House may designate one (1) or more Clearing Members to deal with the open contracts cleared by the suspended or expelled Clearing Member in accordance with the Clearing House's direction.

      Added on 7 August 20127 August 2012.