StacksVerified U.S. regulatory reference

24 CFR §330.55

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
A participant may be removed from the Multiclass Securities program if the Association, in its discretion, determines that any of the following exists or has occurred:
  1. (a)The participant, at any time, fails to meet any condition for eligibility;
  2. (b)The participant fails to comply with any provision of the Multiclass Guide or this part;
  3. (c)The participant is unable or fails to truthfully, correctly or fully submit such certifications as are required; and
  4. (d)Such further reasons as the Association determines necessary to protect the safety and soundness of the Multiclass Securities program, as set out in the Multiclass Guide.