Document ID: chunk:federal_register_of_legislation:F2018L00534:body:0:p2
Version: federal_register_of_legislation:F2018L00534
Segment Type: other
Provision Reference: 
Character Range: 2723–3338

(a) the reconciliation has not been performed in accordance with Rule 2.3.2 (except to the extent that Rule requires the Market Participant to perform the reconciliation by 7.00 pm on the business day after the business day to which the reconciliation relates); or
           (b) according to the reconciliation, Total Deposits is less than Total Third Party Client Monies; or
           (c) it is unable to reconcile its clients' segregated accounts under Rule 2.3.2.
           Note:  The conditions imposed on a waiver must be complied with in order for the waiver to be effective: subrule 1.2.1(2) of the Rules.