NOTICE OF DISCIPLINARY ACTION

FILE NO.:

CBOT 08-01846-BC

MEMBER:

COLIN MYRON (CTM)

CBOT RULE VIOLATIONS:

432. General Offenses

It shall be an offense:

B. to engage in fraud, bad faith or in conduct or proceedings inconsistent with just and
equitable principles of trade;

T. to engage in dishonorable or uncommercial conduct.

532. Disclosing Orders Prohibited

No person shall disclose another person’s order to buy or sell except to a designated Exchange official or the CFTC, and no person shall solicit or induce another person to disclose order information. An order for pit execution is not considered public until it has been bid or offered by open outcry. No person shall take action or direct another to take action based on non-public order information, however acquired. The mere statement of opinions or indications of the price at which a market may open or resume trading does not constitute a violation of this rule.

FINDINGS:

Pursuant to an offer of settlement in which Colin Myron neither admitted nor denied the rule violations upon which the penalty is based, on December 6, 2013, a Panel of the CBOT Business Conduct Committee found that on numerous dates from February 2008 to January 2009, while acting as a dual trader in the Soybeans futures pit, Colin Myron entered orders into the CME Globex electronic trading platform for his personal account based on non-public order information. The Panel found that by doing so, Colin Myron violated CBOT Rules 532, 432.B. and 432.T

PENALTY:

In accordance with the settlement offer and taking into consideration Colin Myron’s financial condition when levying the sanction, the Panel fined Colin Myron $50,000; and barred Colin Myron for a period of one year from (a) membership privileges; (b) affiliating with any Exchange Member as defined in Exchange Rule 400 related to business conducted on or subject to the Rules of the Exchange; and (c) directly or indirectly accessing, placing orders or executing trades on any trading or clearing platform owned, controlled or operated by CME Group Inc., including, but not limited to, CME Globex.

Said fine is to be paid in full prior to Colin Myron accessing, either directly or indirectly, any CME Group Inc. trading floor or electronic or clearing platform. The bar shall commence on January 6, 2014, and continue through January 5, 2015, inclusive.

EFFECTIVE DATE:

January 6, 2014