NOTICE OF SUMMARY ACTION

FILE NO.:

18-1053-FC

MEMBER:

MICHAEL BENDER  (BNDR)

RULE VIOLATION:

514. TRADING INFRACTIONS. A. The following shall constitute trading infractions: 9. conduct on an unbusinesslike nature;

FINDINGS:

On November 28, 2018, a panel of the Floor Conduct Committee found that on November 7, 2018, Bender engaged in conduct of an unbusinesslike nature while in the S&P Options pit. The Panel found that in so doing Bender violated CME Rule 514.A.9.

PENALTY:

The Panel imposed a fine of $750.

EFFECTIVE DATE:

December 10, 2018