NOTICE OF SUMMARY ACTION

FILE NO.:

CBOT-RSRH-23-7135

MEMBER FIRM:

BNP PARIBAS SECURITIES CORP.

CBOT RULE VIOLATION:

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 December 2023, BNP Paribas Securities Corp. inaccurately reported long positions eligible for delivery in the December 2023 CBT 5-Year Treasury Note futures contract.

PENALTY:

On January 10, 2024, pursuant to Rule 512, a fine in the amount of $2,500 was assessed against BNP Paribas Securities Corp. for its violations of Rule 807.

EFFECTIVE DATE:

January 30, 2024