NOTICE OF SUMMARY ACTION

FILE NO.:

18-1054-FC

MEMBER:

DAVID RAMON (DDR)

RULE VIOLATION:

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

FINDINGS:

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

PENALTY:

The Panel imposed a fine of $500.

EFFECTIVE DATE:

December 14, 2018