Effective on September 26, 2025, and pending all relevant CFTC regulatory review periods, Chicago Mercantile Exchange Inc. (“CME”), in its capacities as both a designated contract market (“DCM”) and a derivatives clearing organization (“DCO” or “CME Clearing”), The Board of Trade of the City of Chicago, Inc. (“CBOT”), New York Mercantile Exchange, Inc. (“NYMEX”) and Commodity Exchange, Inc. (“COMEX”) in their capacities as DCMs, (each an “Exchange” and collectively, the “Exchanges”) will amend CME, CBOT, NYMEX/COMEX Rules to harmonize the Global Head of Clearing’s title and CME, CBOT, NYMEX/COMEX Rule 975. (“Emergency Financial Conditions”) and CME Rule 8G975. (“IRS Emergency Financial Conditions”) to include the Chairman of the Clearing House Oversight Committee (collectively, the “Rule Amendments”).
The Rule Amendments provide that the tile of “Global Head of Clearing & Post Trade Services” is shortened to “Global Head of Clearing” and that the Chairman of the Clearing House Oversight Committee is added to the emergency financial committee in CME, CBOT, NYMEX/COMEX Rule 975 and CME Rule 8G975.
The Rule Amendments may be found in Exhibit 1 of this rule filing here. Should you have any questions, please contact Clearing Risk Management: clearing.riskmanagement@cmegroup.com +1(312)-648-3888
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