• NOTICE OF DISCIPLINARY ACTION

      • #
      • 16-CH-1604
      • Effective Date
      • 26 August 2016
    • CHICAGO MERCANTILE EXCHANGE INC.

      NOTICE OF DISCIPLINARY ACTION

      FILE NO.: 16-CH-1604

      MEMBER FIRM: INTL FCStone Financial Inc.

      CME RULES: 971. SEGREGATION, SECURED AND CLEARED SWAPS CUSTOMER ACCOUNT REQUIREMENTS

      A. All clearing member must comply with the requirements set forth in CFTC Regulations 1.20 through 1.30, 1.32, 1.49 and 30.7, and Part 22 of the CFTC Regulations.                                                            

      FINDINGS: Pursuant to an offer of settlement in which INTL FCStone Financial Inc. neither admitted nor denied the rule violation upon which the penalty is based, on August 25, 2016, the Clearing House Risk Committee found that INTL FCStone Financial Inc. violated CME Rule 971.A.

      PENALTY: In accordance with the settlement offer, the Committee imposed a $50,000 fine.

      EFFECTIVE DATE: August 26, 2016