NOTICE OF DISCIPLINARY ACTION

FILE NO.:

CBOT 06-TPR-53-BC

MEMBER:

JOHN DONATELLI (ONJ)

LEGACY CBOT REG.VIOLATION:

350.05 (Trading Practices)

The following acts are prohibited and shall constitute acts detrimental to the welfare of the Exchange . . .

(f) No person shall make any purchase or sale which has been pre-arranged, except as permitted under Regulations 331.05 and 444.01.

FINDINGS:

After a full evidentiary hearing on the merits, on March 3, 2010, a Panel of the CBOT Business Conduct Committee (“Panel”) found that John Donatelli, on August 25, 2006, participated in a prearranged trade opposite another broker in the 5-Year Treasury Note futures pit wherein he offered an order to the pit in a manner to facilitate his order trading opposite an order of the other broker, thereby negating market risk or price competition. The Panel found that in so doing, Donatelli violated legacy CBOT Regulation 350.05(f).

PENALTY:

In accordance with the Panel’s findings, it fined Donatelli $20,000 and suspended his membership privileges, access to any CME Group trading floors and direct access to the Globex electronic trading platform for 10 business days, beginning March 25, 2010, and continuing through April 7, 2010, inclusive.

EFFECTIVE DATE:

March 25, 2010