• Revisions to Rules 714 and 715

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Reglation Department
      • #
      • SER-7293
      • Notice Date
      • 05 February 2015
      • Effective Date
      • 20 February 2015
    • Pending all relevant regulatory review periods, effective on Friday, February 20, 2015, CME will adopt revisions to Rule 714 (“Failure to Deliver”) and Rule 715 (“Failure to Remit Full Payment”) to harmonize the text of the rules with the text of CBOT, NYMEX and COMEX Rules 714 and 715.  Additionally, CBOT, NYMEX and COMEX will adopt minor revisions to Rule 714, which are also being adopted by CME.

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