Company: EUO
Filing Date: 2025-03-18
Form Type: S-3/A
Source: 0001193125-25-056733
Chunk: 183

Company: ProShares Trust II
Filing Date: 2025-03-18
Form: S-3/A
Chunk 183
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25,000.00 fine. Effective Date: October 12, 2022. CFTC Case #: 22-50. Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against ADM Investor Services Inc. (ADMIS), a registered futures commission merchant (FCM) in Chicago, Illinois. The order finds that ADMIS failed to supervise its employees and agents in their handling of commodity interest accounts, and failed to perform its supervisory duties diligently. The order requires ADMIS to pay a $500,000 civil monetary penalty and to cease and desist from any further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged. The Committee imposed a $500, 000.00 fine. Effective Date: September 29, 2022. CBOT Case #: 22-CH-2202. Pursuant to an offer of settlement in which ADM Investor Services, Inc. neither admitted nor denied the rule violation upon which the penalty is based, on March 17, 2022, the Clearing House Risk Committee found that ADM Investor Services, Inc. violated CBOT Rule 930.F. In accordance with the settlement offer, the Committee imposed a $50,000 fine. Effective Date: March 18, 2022. CBOT Case #: 21-CH-2103. Pursuant to an offer of settlement in which ADM Investor Services, Inc. neither admitted nor denied the rule violation upon which the penalty is based, on June 10, 2021, the Clearing House Risk Committee found that ADM Investor Services, Inc. violated CBOT Rule 971.A.1. In accordance with the settlement offer, the Committee imposed a $50,000 fine. Effective Date: June 11, 2021. CEI Case #: 18-0922-BC. Pursuant to an offer of settlement in which ADM Investor Services, Inc. (“ADMIS”) neither admitted nor denied the rule violations or factual findings upon which the penalty is based, on January 28, 2020, a Panel of the Commodity Exchange (“the Exchange”) Business Conduct Committee (“Panel”) found that beginning on or about March 12, 2012, ADMIS learned that one of its brokerage firm clients (“client”) automatically offset omnibus account positions in futures contracts using the FIFO method. This information was not escalated to the appropriate person at ADMIS and, beginning on February 15, 2017