; and (B) include appropriate safeguards to ensure that the noncash assets of a participating investment fund are not overvalued. 399H. Miscellaneous The Administrator may take such action as set forth in sections 309, 311, 312, 314, 315, and 316 and an owner (including a member, partner, or shareholder), officer, director, employee, agent, or other participant in the management or conduct of the affairs of a participating investment fund shall be subject to the requirements of such sections. 399I. Violations; removal or suspension of management officials (a) Violations If any participating investment fund violates or fails to comply with any of the provisions of this part or of regulations prescribed hereunder, all of its rights, privileges, and franchises derived therefrom may thereby be forfeited. Before any such participating investment fund shall be declared dissolved, or its rights, privileges, and franchises forfeited, any noncompliance with or violation of this Act shall be determined and adjudged by a court of the United States of competent jurisdiction in a suit brought for that purpose in the district, territory, or other place subject to the jurisdiction of the United States, in which the principal office of such participating investment fund is located. Any such suit shall be brought by the United States at the instance of the Administration or the Attorney General. (b) Suspension of management officials Using the procedures for removing or suspending a director or an officer of a licensee set forth in section 313, the Administrator may remove or suspend any management official of a participating investment fund. 399J. Reports Each participating investment fund shall, on a semi-annual basis, provide to the Administrator such information as the Administrator may require, including— (1) information related to the measurement criteria that the participating investment fund proposed in the application for the program; (2) information on the use of leverage by the participating investment fund