Regarding theClient Account Regulation, which one of the following statements is correct?

Select one:

a. A Member is required at all times to maintain sufficient balances on deposit in his/her Client Accounts to meet all of his/her obligations with respect to Money held on behalf of his or her Clients.

b. A member is required to reconcile his or her Client Account or Accounts no later than 15 calendar days after each month's end.

c. A breach of theClient Account Regulationwill not, in any case, result in a Member facing a penalty of suspension or revocation of his or her Membership.

1. d. A Member may withdraw money from a Client Account from an Automated Teller Machine (ATM).