Discipline

Brokers who are found to be in breach of, or violation of, SAFG’s Code of Ethics, Policies or Procedures contained in this Compliance Manual, Compliance Bulletins, Administrative Bulletins or otherwise in breach of, or in violation of, any applicable laws, regulations or regulatory policies, or to be conducting himself or herself in a manner which SAFG determines to be unethical or not meeting the standard of good business practices, may be subject to such disciplinary action as determined by SAFG. Every effort will be made to provide the appropriate level of training, adequate time to comply with requirements, and sufficient warning that requirements are not being adequately met.

At the sole discretion of SAFG, any one or more of the following actions may be taken:

• Termination;
• Withholding of commissions or bonuses;
• Close supervision;
• Reassignment of certain clients to another Broker