[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR8.08]

[Page 215]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 8_EXCHANGE PROCEDURES FOR DISCIPLINARY, SUMMARY, AND MEMBERSHIP 
DENIAL ACTIONS--Table of Contents
 
                    Subpart B_Disciplinary Procedure
 
Sec.  8.08  Disciplinary committee.

    Each exchange shall establish one or more disciplinary committees 
which shall be authorized by the exchange to determine whether 
violations have been committed, to accept offers of settlement and to 
set and impose appropriate penalties. Each such disciplinary committee 
shall consist of one or more members of the exchange or persons on the 
staff of the exchange; however, persons on the enforcement staff may not 
serve on a disciplinary committee.