International Parivatives Marketplace CME Group has published a Disciplinary Action Notice against Southern Star Shipping Co., Inc.
According to a settlement offer in which Southern Star Shipping Co., Inc. Neither acknowledged nor denied the violations of the rules or the actual findings on which the penalty is based, the Chicago Council (CBOT) committee, beneficial property at prices that secured that orders corresponded to the other.
The employee executed the transactions in this way in order to transfer positions between entities and reasonably should know that the introduction of orders in this way would cause washing. In addition, the table found that Southern Star failed to thoroughly supervise its employee from
Failure to advise, train and train his employee on the relevant exchange rules and counseling alerts for market regulation (Mran) sufficient to ensure compliance with it.
The table concluded that the southern star thus violated CBOT 534 and 432.W.
According to the settlement offer, the team ordered the Southern Star to pay a fine of $ 30,000.
Disciplinary notice is effective on May 2, 2025.