NOTICE OF SUMMARY ACTION

FILE NO:

CBOT RSRH-33199358

MEMBER FIRM:

WEDBUSH SECURITIES INC.

RULE VIOLATION:

Rule 536.D. Customer Type Indicator (CTI) Codes (In pertinent part)

Each clearing member must identify each transaction 1) executed on the trading floor, 2) executed on the Globex platform or 3) privately negotiated as a block trade pursuant to Rule 526 or an EFRP pursuant to Rule 538 on the record of the transaction submitted to the Exchange with the correct customer type indicator (CTI) code.

FINDINGS:

During the period of May 1, 2024, through May 31, 2024, Wedbush Securities Inc. violated Rule 536.D by assigning trades inaccurate Customer Type Indicator (CTI) Codes.

PENALTY:

On June 26, 2024, Wedbush Securities Inc., pursuant to Rule 512 (“Reporting Infractions”), was issued a $1,000 fine for its violations of Rule 536.D.

EFFECTIVE DATE:   

July 12, 2024