Effective August 10, 2011, CME, CBOT and NYMEX Rule 819. (Lien on Collateral) was adopted and became effective.
Existing CME, CBOT and NYMEX Rule 902.F provides that "[e]ach Clearing Member hereby grants to the Clearing House a first priority and unencumbered lien against all memberships required for clearing membership by the Exchange." Other rules in Chapters 8 and 9 address the Clearing House’s security interest in Clearing Member's guaranty fund and performance bond deposits but do not contain the express language as appears in Rule 902.F.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.