International derivative CME team has issued a notice of disciplinary action against SG American Securities LLC.
According to a settlement offer in which SG American Securities LLC (“SGAS”) did not admit or denied the breach of the rule or the actual finding on which the penalty is based on June 24, 2025, a group of the Chicago Business Behavioral Committee (CME)
Conventionally agreed over a period during which the full discretion of the business to determine when and under what conditions could be cleared was limited.
The panel concluded that the SGA thus violated the CME 930.K.1 rule.
The team also found that SGAS has since amended the relevant language of customer agreement and the reported customer agreement is now complying with the exchange rules.
According to the settlement offer, the team ordered the SGA to pay a fine of $ 50,000.
The date of entry into force of the disciplinary notice is June 26, 2025.