NOTICE OF SUMMARY ACTION

FILE NO.:

CBT-RSRH-21-6304

MEMBER FIRM:

ED&F MAN CAPITAL MARKETS, INC.

CBT RULE:

CBT Rule 807. Open Long Positions During Delivery Month

At such times and in such manner as shall be prescribed by the Manual, clearing members shall submit a complete and accurate record of dates of all open purchases for use in making deliveries. Clearing members shall be fully responsible for inventories submitted to the Clearing House. This rule shall not apply to trading in options contracts.

FINDINGS:

During the month of July 2021, ED&F Man Capital Markets, Inc. inaccurately reported long positions eligible for delivery in the August 2021 CBT Soybean and August 2021 CBT Soybean Oil futures contracts.

PENALTY:

On August 10, 2021, pursuant to Rule 512, a fine in the amount of $1,500 was assessed against ED&F Man Capital Markets, Inc. for its violation of Rule 807.

EFFECTIVE DATE:

August 26, 2021