Reports by auditor to Board
12.  If, during the performance of his duties as auditor for a commodity futures broker, an auditor —
(a)becomes aware of any matter which in his opinion adversely affects or may adversely affect the financial position of the commodity futures broker to a material extent; or
(b)discovers evidence of a contravention by the commodity futures broker of regulation 9, 22 or 23,
he shall, as soon as practicable thereafter, send to the Board a report in writing of the matter or the contravention.