§ 3.71   Warnings.

   The Commission may issue written warnings or forfeitures to accounting
   authorities which are found not to be operating in accordance with
   established rules and regulations. Warnings will generally be issued
   for violations which do not seriously or immediately affect settlement
   functions or international relations. Continued or unresolved
   violations may lead to further enforcement action by the Commission,
   including any or all legally available sanctions, including but not
   limited to, forfeitures (Communications Act of 1934, Sec. 503),
   suspension or cancellation of the accounting authority certification.

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