NOTICE OF DISCIPLINARY ACTION

FILE NO.:

NYMEX 10-07815-BC
 

NYMEX MEMBER:

GREGORY PRINTON (PRTN)
 

EXCHANGE RULE:

432. General Offenses

It shall be an offense:

Q. to commit an act which is detrimental to the interest or welfare of the Exchange or to engage in any conduct which tends to impair the dignity or good name of the Exchange.
 

FINDINGS:

Pursuant to an offer of settlement Gregory Printon (“Printon”) presented at a hearing on September 19, 2012, in which Printon neither admitted nor denied the findings or the rule violation upon which the penalty is based, a Panel of the NYMEX Business Conduct Committee (“Panel”) found that on November 4, 2010, during the post-close trading session on the NYMEX trading floor, Printon executed a customer order that was not presented in a manner necessary to ensure that all market participants had an opportunity to participate in the trade.

The Panel found that as a result, Printon violated NYMEX Rule 432.Q.

PENALTY:

In accordance with the settlement offer, the Panel ordered Printon to pay a fine to the Exchange in the amount of $10,000 and to serve a 5 business day suspension of his (i) membership privileges; (ii) access to any CME Group Inc. trading floor; and (ii) direct and indirect access to all electronic trading and clearing platforms owned or controlled by CME Group Inc., including CME Globex. The suspension shall run from September 21, 2012 through September 27, 2012, inclusive.

EFFECTIVE DATE:

September 21, 2012