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    <description>The guidelines prescribe that the Settlement Amount equals an Indicative Amount-computed as a multiplying factor (PCF plus RAF) times a Benchmark Amount plus legal costs-determined per applicant. PCF is stage-based, RAF aggregates past orders/directions, and Benchmark Amounts are set by default categories (FUTP, disclosure, open-offer, intermediaries) with specific base values, modifiers (volume, price change, reputation, time-value), and applicable amounts (profit made and/or loss avoided or prescribed bases). Committees retain discretion to adjust or reject settlement proposals considering seriousness, restitution, cooperation and market impact.</description>
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