The Chicago Mercantile Exchange Inc. (“Exchange”) Access, Conduct and Appearance Code specifically prohibits any behavior that is detrimental to the interests and good name of the Exchange on its premises.  Members and non-member employees are reminded that engaging in physical altercations while on the trading floors or other areas of CME is a serious matter that can result in substantial disciplinary action, including but not limited to charges being issued for a violation of Exchange Rule 514.A.7. (“TRADING INFRACTIONS – use of undue force while in, entering or leaving the pit”), Rule 514.A.9. (“conduct of an unbusinesslike nature”), Rule 432.q. (“to commit an act which is substantially detrimental to the interest or welfare of the Exchange”), a major offense, and/or Rule 433.c (“to be guilty of any conduct which has a manifest tendency to impair the dignity or the good name of the Exchange”).

Please be advised that in addition to the above-referenced possible disciplinary action, Market Regulation may immediately remove members or their employees from, and/or deny them access to, the trading floors upon a reasonable belief that such immediate action is necessary to protect the best interest of the Exchange.  Accordingly, members and non-member employees are advised that engaging in a violent physical altercation could result in such immediate removal from the trading floors.

If you have any questions concerning this matter, please contact Eric S. Wolff, Managing Director, Regulatory Affairs, at 312-930-3255, James P. Moran, Director, Market Regulation, at 312-930-8520, or Timothy McDermott, Director and Compliance Counsel, Market Regulation, at 312-648-5433.