NOTICE OF SUMMARY ACTION

FILE NO.:

RSRH-18-5265

MEMBER  FIRM:

Societe Generale Capital Canada Inc.

CBT RULE  VIOLATION:

Rule 538.I (“Submission to the Clearing House”)

Each EFRP transaction shall be submitted to the Clearing House within the time period and in the manner specified by the Exchange and the Clearing House. In all cases, the record submitted to the Clearing House must reflect the correct EFRP transaction type and must reflect the accurate date and time at which the relevant terms of the transaction were agreed upon by the parties to the trade. An EFRP transaction submitted to the Clearing House shall not be considered accepted by the Clearing House until the transaction has cleared and the first payment of settlement variation and performance bond has been confirmed.

FINDINGS:

On February 23, 2018 Societe Generale Capital Canada Inc. improperly entered a late Exchange for Related Position.

PENALTY:

On September 17, 2018, Societe Generale Capital Canada Inc., pursuant to Rule 512 (“Reporting Infractions”), was issued a $2,000 fine by the 512 Committee for its violation of Rule 538.I.

EFFECTIVE  DATE:

October 6, 2018