Company: EUO
Filing Date: 2025-03-28
Form Type: 424B3
Source: 0001193125-25-065648
Chunk: 287

Company: ProShares Trust II
Filing Date: 2025-03-28
Form: 424B3
Chunk 287
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2, 2022. During the month of March 2022, Goldman Sachs & Co. LLC, inaccurately reported its large trader positions and submitted position adjustments after the prescribed deadline in several instances of CME, CBT, & NYMEX contacts, in violation of Rule 561. On April 11, 2022, pursuant to Rule 512, Goldman Sachs & Co. LLC was collectively assessed a $5,000 fine for its violations of Rule 561, as follows: CME - $3,000, CBT - $1,000, and NYMEX - $1,000. CBOT Case #22-CH-2203, June 10, 2022. Pursuant to an offer of settlement in which Goldman Sachs & Co. LLC neither admitted nor denied the rule violation upon which the penalty is based, on June 9, 2022, the Clearing House Risk Committee found that Goldman Sachs & Co. LLC violated CBOT Rule 930.E.3. In accordance with the settlement offer, the Committee imposed a $75,000 fine. On March 31, 2022, NFA’s Business Conduct Committee (BCC) issued a Complaint against Goldman Sachs & Co., LLC (Goldman). Count I of the Complaint charged the firm with violating NFA Compliance Rule 2-49(a) by failing to comply with requirements under CFTC Regulations 23.153, 23.202(a), 23.402(a), 23.402(b), 23.402(g), and 23.431(a). Count II of the Complaint charged Goldman with NFA Compliance Rule 2-49(b) by failing to promptly submit accurate and complete reports, documents, and supplemental information as required by NFA. Count III of the Complaint charged an additional violation of NFA Compliance Rule 2-49(a) by failing to supervise and comply with CFTC Regulations 23.402(a)(2) and 23.602(a). On March 31, 2022, BCC issued a decision accepting Goldman’s settlement offer and ordered Goldman to pay a $2,500,000 fine. CBOT Case #: 19-1192-BC. Pursuant to an offer of settlement in which GSC admitted nor denied the rule violation upon which the penalty is based, on June 15, 2020, a Panel of the CBOT Business Conduct Committee (“Panel”) found that from September 11, 2019, through