NOTICE OF DISCIPLINARY ACTION

FILE NO.:

CME 12-8866-BC

NON-MEMBER:

LIM LEE BENG (“NELSON LIM”)

CME RULE VIOLATION:

432 GENERAL OFFENSES (in part)

It shall be an offense:

G. to prearrange the execution of transaction in Exchange products for the purpose of transferring equity between accounts.

FINDINGS:

Pursuant to an offer of settlement in which Lim Lee Beng (“Lim”) neither admitted nor denied the rule violations upon which the penalty is based, and after voluntarily submitting himself to the jurisdiction of the Exchange for purposes of resolving the matter, on October 22, 2013, a Panel of the CME Business Conduct Committee found that between February 14, 2012, and August 6, 2012, Lim prearranged the execution of numerous round turn transactions in Foreign Exchange options on futures contracts on the CME Globex electronic platform opposite another non-member’s accounts for the purpose of transferring funds to and for the benefit of the non-member’s accounts. The Panel concluded that Lim thereby violated CME Rule 432.G.

PENALTY:

In accordance with the settlement offer, the Panel ordered Lim to pay a fine of $35,000. The Panel also barred Lim from accessing any CME Group Inc. trading floor, and direct access to all electronic trading and clearing platforms owned or controlled by CME Group Inc. for six months, beginning on the effective date below and continuing through and including April 24, 2014.

EFFECTIVE DATE:

October 24, 2013