52. The Authority may modify, suspend or withdraw all or part of the recognition granted to a regulated entity if it considers that
(1) the entity has failed to comply with undertakings given to the Authority; or
(2) the interests of the entity’s members or of market participants or the public interest would so be better served.
In addition, the Authority may, on the same grounds, modify, suspend or withdraw an exemption granted to an entity in relation to the application of this Title.