[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR8.03]

[Page 214-215]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 8_EXCHANGE PROCEDURES FOR DISCIPLINARY, SUMMARY, AND MEMBERSHIP DENIAL 
 
                      Subpart A_General Provisions
 
Sec.  8.03  Definitions.

    For purposes of this part:
    (a) Board of appeals means that body provided for in Sec.  8.19.
    (b) Charge or charges means any charge or charges contained in the 
notice of charges.
    (c) Disciplinary committee means that body or bodies provided for in 
Sec.  8.08.
    (d) Disciplinary procedure means the rules of an exchange governing 
the investigation and adjudication of possible rule violations and the 
imposition of appropriate penalties under subpart B of this part.
    (e) Enforcement staff means that body provided for in Sec.  8.05.
    (f) Exchange means any board of trade which has been designated as a 
contract market for one or more commodities pursuant to section 5 of the 
Act or to trade commodity options pursuant to part 33 of this chapter.
    (g) Investigation report means the report required by Sec.  8.07.
    (h) Notice of charges means the notice required by Sec.  8.11.
    (i) Penalty means any restriction, limitation, censure, fine, 
expulsion, suspension, revocation, reprimand, cease and desist order, 
sanction or any other disciplinary action for any amount or of any 
definite or indefinite period imposed upon any person within the 
disciplinary jurisdiction of an exchange upon a finding by the 
disciplinary committee that a violation has been committed or pursuant 
to the terms of a settlement agreement.
    (j) Person(s) within the jurisdiction of an exchange means any 
exchange employee, staff member or official, any member or person with 
membership privileges or any person employed by or affiliated with a 
member or person with membership privileges, including any agent or 
associated person, and any other person under the supervision or control 
of the exchange or of any member.
    (k) Record of the proceeding means all testimony, exhibits, papers 
and records produced at or filed in a disciplinary or summary proceeding 
or served on a respondent or an exchange.
    (l) Respondent means any person named in a notice of charges who has 
been served with such notice or who is the subject of a summary action.
    (m) Rule(s) of an exchange means any constitutional provision, 
article of incorporation, bylaw, rule, regulation,

[[Page 215]]

resolution, interpretation, stated policy or instrument corresponding 
thereto.
    (n) Violation means any violation within the disciplinary 
jurisdiction of the exchange.

[43 FR 41950, Sept. 19, 1978, as amended at 46 FR 54525, Nov. 3, 1981]