NOTICE OF DISCIPLINARY ACTION

MEMBER:                  

JOSHUA MURPHY (JXM)

CME RULE VIOLATIONS:           

Market Regulation Advisory Notice RA2001-3

Requirements and Conditions in Connection with Re-Opening the Trading Floor (in part)

The following non-exhaustive list of requirements and conditions apply to all members and employees of members while on the trading floor:

-          Face shields or face masks must be worn in accordance with the Personal Protective Equipment requirements and Enhanced Cleaning Precautions as set forth in the [Guidelines for Trading Floor Access]

-          Maintenance of social distancing in accordance with the [Guidelines for Trading Floor Access]

Failure to comply with these requirements and conditions will result in the matter being directed to the Chief Regulatory Officer for handling pursuant to the provisions of Rule 513.B.4. (“Conduct, Apparel, Badges – Sanctions") which authorizes the Chief Regulatory Officer to impose a fine up to $5,000 per offense.

Rule 513 CONDUCT, APPAREL AND BADGES (in part)

B.  Sanctions (in part)

4. Notwithstanding any other provision in this Rule, the Chief Regulatory Officer shall have the authority to impose a fine not to exceed $5,000 per offense on members and their employees for egregious violations of Rule 513.

FINDINGS:                

On numerous dates in February 2021, Joshua Murphy violated social distancing and face shield guidelines after repeated warnings by Exchange staff.

PENALTY:                

$500 fine

EFFECTIVE DATE:                        

April 26, 2021