NOTICE OF DISCIPLINARY ACTION

NON-MEMBER:

WU GUO DONG

RULE VIOLATIONS:

NYMEX RULE 575.D. DISRUPTIVE PRACTICES PROHIBITED

No person shall enter or cause to be entered an actionable or non-actionable message with intent to disrupt, or with reckless disregard for the adverse impact on, the orderly conduct of trading or the fair execution of transactions.

NYMEX RULE 432. GENERAL OFFENSES (IN PART)

It shall be an offense:

L. 1. To fail to appear before the Board, Exchange staff or any investigative or hearing committee at a duly convened hearing, scheduled staff interview or in connection with any investigation;

FINDINGS:

On March 1, 2018, a Panel of the New York Mercantile Exchange (“NYMEX”) Probable Cause Committee charged Wu Guo Dong (“Wu”) with violating NYMEX Rules 575.D. and 432.L.1. based on allegations that, on April 12, 2016, Wu entered numerous market orders in the May 2016 Crude Oil Futures market in rapid succession, as well as an ascending and descending order quantity pattern, as well as allegations that Wu failed to appear before Exchange staff for a scheduled interview.

On June 21, 2018, a Hearing Panel Chair of the NYMEX Business Conduct Committee (“BCC”) entered an order finding that Wu failed to answer the charges against him. The Hearing Panel Chair further ordered that Wu was deemed to have admitted the charges issued and waived his right to a hearing on the merits of the charges.

On July 11, 2018, a penalty hearing was held before a panel of the NYMEX BCC (“BCC Panel”) which found that Wu had committed the violations charged.

PENALTY:

In accordance with NYMEX Rule 402.B (Sanctions), the BCC Panel ordered Wu to (1) pay a total monetary fine in the amount of $50,000 in connection with this case and companion case COMEX 16-0538-BC ($15,000 of the monetary fine is allocated to NYMEX); and (2) be permanently banned from (a) applying for Membership at any CME Group exchange; (b) direct or indirect access to any trading or clearing platform owned or controlled by the CME Group, Inc.; and (c) access to any trading floor owned or operated by any CME Group, Inc. exchange.