NOTICE OF DISCIPLINARY ACTION

NON-MEMBER:

SUDEEP MONIZ

EXCHANGE RULES:

RULE 432. GENERAL OFFENSES (IN PART)

It shall be an offense:

L.2. to fail to fully answer all questions and produce all books and records at a
hearing or in connection with any investigation, or to make false statements.

RULE 575.A. DISRUPTIVE PRACTICES PROHIBITED

No person shall enter or cause to be entered an order with the intent, at the time of order entry, to cancel the order before execution or to modify the order to avoid execution.

FINDINGS:

Pursuant to an offer of settlement that Sudeep Moniz (“Moniz”) presented at a hearing on November 1, 2017, in which Moniz neither admitted nor denied the rule violations upon which the below penalty is based, Moniz agrees to an entry of findings by a Panel of the NYMEX Business Conduct Committee (“Panel”) that, between January 8, 2015 and February 27, 2015 and October 28, 2015 and November 8, 2015, Moniz entered orders without the intent to trade in the RBOB Gasoline (“RBOB”) Futures and NY Harbor ULSD Futures (“Heating Oil”) markets. Specifically, the Panel found that Moniz placed larger-sized orders, using both a layered and non-layered strategy, on one side of the market and then cancelled them after resting orders on the opposite side of the book were executed. The Panel also found that Moniz refused to fully answer all questions posed by Exchange employees during an interview concerning the entry of such orders.

The Panel concluded that the conduct described above violated Exchange Rules 432.L.2. and 575.A.

PENALTY:

In accordance with the settlement offer, the Panel ordered Moniz to pay a monetary fine of $150,000 and serve a six-week suspension from membership privileges on any CME Group Inc. exchange, access to all CME Group Inc. trading floors and direct or indirect access to all electronic trading and clearing platforms owned or operated by CME Group Inc., including Globex. The suspension will run from November 3, 2017 through, and including, December 15, 2017.