NOTICE OF SUMMARY ACTION

FILE NO.:

CBT-RSRH-23-6876

MEMBER FIRM:

CUNNINGHAM COMMODITIES LLC

CBT RULES:

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:

On trade date February 27, 2023, Cunningham Commodities LLC inaccurately reported long positions eligible for delivery in the March 2023 CBT Rough Rice futures contract.

PENALTY:

On March 8, 2023, pursuant to Rule 512, a fine in the amount of $1,500 was assessed against Cunningham Commodities LLC for its violation of Rule 807.

EFFECTIVE DATE:

March 24, 2023