NOTICE OF SUMMARY ACTION

FILE NO.:

19-1146-FC

MEMBER:

DOMINIC GIORANGO 

RULE VIOLATION:

514.  TRADING INFRACTIONS.

 A.  The following shall constitute trading infractions:

    7.  use of undue force while on, entering or leaving the trading floor

    7.   use of undue force while on, entering or leaving the trading floor

FINDINGS:

On June 27, 2019, a panel of the Floor Conduct Committee found that on that on June 20, 2019, Giorango engaged in a physical altercation while in the Eurodollar Options pit. The panel found that in so doing, Giorango violated CME Rules 514.A.7 and again Rule 514.A.7.

PENALTY:

The Panel imposed a fine of $20,000.

EFFECTIVE DATE:

July 12, 2019