• Substantive Revisions and Conforming Amendments to KCBT Rules and KCBTCC By-Laws

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 12-518
      • Notice Date
      • 29 November 2012
      • Effective Date
      • 29 November 2012
    •  
      Effective Sunday, December 2, 2012, for trade date Monday, December 3, 2012, contingent upon closing of the merger of the Board of Trade of Kansas City, Missouri, Inc. (“KCBT”) and the Kansas City Board of Trade Clearing Corporation (“KCBTCC”) with CME Group Inc. on November 30, 2012, and pending all relevant CFTC regulatory review periods, please be advised that KCBT will adopt revised exchange rules (“Rules”) and KCBTCC will adopt revised by-laws (“By-Laws”). Substantive revisions will be adopted to finalize the merger transaction and to conform to applicable CFTC regulations. Conforming amendments will be adopted to align the Rules and By-Laws with comparable provisions in CME Group rulebooks.      
      Substantive revisions to the KCBT Rules are included in the attached advisory notice.