Disciplinary and Enforcement Procedures -- General

All Participants, their Authorized Users, Clearing Members and any Person for whose benefit a transaction has been initiated or executed, are subject to Exchange and Clearinghouse jurisdiction. Any Participant or any other person using any of its User IDs that are alleged to have violated, to have aided and abetted a violation, to be violating, or to be about to violate, any Rule of the Exchange or Clearinghouse or applicable law for which the Exchange or Clearinghouse maintains disciplinary jurisdiction is subject to this Chapter 6. No Official will interfere with or attempt to influence the process or resolution of any inquiry, investigation, disciplinary proceeding, appeal from a disciplinary proceeding, summary imposition of fines, summary suspension or other summary action (collectively, "Disciplinary Action"), except to the extent provided under Exchange or Clearinghouse Rules with respect to a proceeding in which the director is a member of the relevant Board of Appeals. A Participant or Clearing Members shall be entitled to appear personally and may be represented by counsel during any Disciplinary Action pursuant to this Chapter 6.