• Adoption of CME SEF Rule 575 (Disruptive Practices Prohibited)

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-7779
      • Notice Date
      • 03 November 2016
      • Effective Date
      • 03 November 2016
    • S-7779                                                                                                                 November 3, 2016

      Adoption of  CME SEF Rule 575

      (“Disruptive Practices Prohibited”)

      The Swap Execution Facility Division of Chicago Mercantile Exchange Inc. (“CME SEF”) has adopted new Rule 575 (“Disruptive Practices Prohibited”).  The adoption of Rule 575. is in response to a request by the CFTC to all registered SEFs to adopt a disruptive practices prohibition into each of their respective rulebooks. CME SEF has determined to add Rule 575. which is similar to Rule 575. in each of CME Group’s designated contract market rulebooks.

      Click HERE for full advisory.