3.5 Sanction notice

¹ Surveillance & Enforcement may issue a sanction notice against a trader employed by a participant if the sanction takes the form of a reprimand, a suspension or exclusion from trading.

² Listing & Enforcement may issue a sanction notice for a violation of the rules as defined in Point 1.1 para. 1 lit. b if possible sanctions include a warning, reprimand or fine.

³ The sanction notice includes:

1. a presentation of the facts of the case;
2. the statement of the rules that have been violated;
3. a brief description of grounds;
4. the sanction;
5. an indication that the notice will be published;
6. the costs;
7. the means of legal redress;