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CSD-3.8.4

Where a licensed clearing house uses money and assets in contravention of Paragraph CSD-3.8.3, it shall:

(a) In the case of money, repay the money to the trust account referred to in rule CSD-3.7.3 (b); or
(b) In the case of assets:
i. Return the asset to the custody account referred to in rule CSD-3.7.3 (b); or
ii. If the asset cannot be returned to the custody account, deposit an amount of money which is equivalent to the monetary value of the asset at the time of the contravention of rule CSD-3.7.3 (b) in a trust account referred to in rule CSD-3.7.3 (b) for the benefit of the customers of the member.
Amended: April 2016