StacksVerified U.S. regulatory reference

17 CFR §170.6

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A futures association must provide a fair and orderly procedure with respect to disciplinary actions brought against association members or persons associated with members. These rules governing such disciplinary actions shall contain, at a minimum, the procedural safeguards contained in section 17(b)(9) of the Act. In addition, an association, in disciplining its members should demonstrate that it will:
  1. (a)Take vigorous action against those who engage in activities in violation of association rules;
  2. (b)Conduct proceedings in a manner consistent with the fundamental elements of due process; and
  3. (c)Impose discipline which is fair and has a reasonable basis in fact.