July 6, 2006
Via E-Mail

Office of the Acting Secretary
Commodity Futures Trading Commission
Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: Rule Certification. NYMEX Submission 06.82: Notification of
Amendments to Exchange Rules 3.10 and 3.13: Increase the
Number of Public Members Serving on Disciplinary Committees

Dear Ms. Eileen A. Donovan:

The New York Mercantile Exchange ("NYMEX" or the "Exchange") is notifying the
Commodity Futures Trading Commission (“CFTC” or “Commission’”) of amendments to
NYMEX Rule 3.10, Adjudication Committee, and Rule 3.13, Business Conduct Committee.

Effective July 10, 2006, the amendments increase the number of Public Committee
Members serving on disciplinary committees from two to three, provided that the quorum for a
panel of each of the Adjudication Committees and Business Conduct Committees (“BCC”) be
increased by one. Additionally, each Panel of the Adjudication Committee is increased to eleven
Members, where a quorum of seven Members, including three Public Members, would be
required to act on any matter. Likewise, each panel of the BCC is increased to twelve Members
(including the Chairman), where a quorum of seven Members, including three Public Members,
is required to act on any matter.

Pursuant to Section Sc(c) of the Commodity Exchange Act (“Act”) and CFTC Rule 40.6,
the Exchange hereby certifies that the attached rule amendments comply with the Act, including
regulations under the Act.

Should you have any questions, please direct them to the undersigned (212) 299-2897,
and Nancy Minett, Vice President, Compliance, at (212) 299-2940.

Very truly yours,

Thomas LaSala
Senior Vice President
Compliance and Risk Management
ce: Nancy Minett
Brian Regan



(Bold/underlining indicates additions; bold/strikethroughs indicate deletions.)
NYMEX Rule 3.10, Adjudication Committee

(A) The Adjudication Committee shall be a Regular Committee and shall consist of a Chairman
who is a Class A Member and four Hearing Panels ("Hearing Panels"). Each panel shall contain
at least three #ve persons who are neither Members of the Exchange nor employed by a
Member, Member Firm or the Exchange ("Public Committee Members") and shall otherwise be
balanced as equally as practicable among representatives of the Member categories: Floor
Broker, Local, Trade and FCM (off-the-floor representative). There shall be no restriction on the
affiliations or categories of alternates. The panel members and alternates shall be appointed by
the Chairman, subject to approval of the Board.

(B) (1) Two of the Hearing Panels shall be designated to hear matters pertaining to New York
Mercantile Exchange Inc., ("NYMEX Inc.") and two of the Hearing Panels shall be designated to
hear COMEX Division matters ("COMEX Hearing Panels"). Each panel shall consist of eleven
40 regular panelists and as many alternates as the Chairman of the Committee shall designate.

(2) The NYMEX Inc. members on the NYMEX Panels will consist of 70% Class A Members
and 30% COMEX Division Members. The NYMEX Inc. members on the COMEX Hearing
Panels will consist of 70% COMEX Division Members and 30 % Class A Members.

(C) One person on each Hearing Panel shall serve as its Chairman and shall be designated by the
Board as a Co-Vice-Chairman of the Adjudication Committee. Seven Six members of a Hearing
Panel shall constitute a quorum for the purpose of exercising the powers of the Hearing Panel,
provided that three tve Public Committee Members must be present. Alternates will be selected
by the Chairman to replace any Member of a Hearing Panel unable to serve on any case, subject
to the provisions of paragraph (A) above.

(D) The Adjudication Committee shall hold such meetings as, in the discretion of the Chairman
of the Committee are necessary to review matters pertaining to Exchange disciplinary actions,
including but not limited to, Board policy and disciplinary precedents.

(E) The Adjudication Committee shall make a report to the Board at least twice a year. The
report shall detail the activities of the Committee for the period covered by such report and shall
describe all disciplinary actions taken by the Committee during such period.

NYMEX Rule 3.13, Business Conduct Committee

(A) The Business Conduct Committee shall be a Regular Committee and shall be divided into a
Class A Member Business Conduct Committee Panel and a COMEX Division Business Conduct
Committee Panel. Each Panel shall consist of a Chairman who is a Class A Member, eleven ten
additional Committee members and at least six fewr alternates. The eleven ten Committee
members shall include at least three twe people who are neither Members of the Exchange nor


employed by a Member or Member Firm ("Public Committee Members"); the balance shall be
Members or persons employed by Member Firms, balanced as equally as practicable among
representatives of the categories: Floor Broker, Local, Trade and FCM (off-the-floor
representative). The Class A Member Business Conduct Committee Panel shall be comprised of
70% Class A Members and 30% COMEX Division Members. The COMEX Division Business
Conduct Committee Panel shall be comprised of 70% COMEX Division Members and 30%
Class A Members. At least three alternates must qualify as Public Committee Members.
There shall be no restriction on the affiliations or categories of the remaining alternates. The
Committee members and alternates shall be appointed by the Chairman, subject to the approval
of the Board.

(B) The Business Conduct Committee shall hold such meetings as, in the discretion of the
Chairman of the Committee, are necessary to review matters pertaining to Exchange disciplinary
actions, including but not limited to, Board policy and disciplinary precedents. Seven Six
Members of the Business Conduct Committee shall constitute a quorum for the purposes of
exercising the powers of the Committee, provided that at least three twe of these seven six
Members must be Public Committee Members.

(C) The Business Conduct Committee shall make a report to the Board at least twice a year. The
report shall detail the activities of the Committee for the period covered by such report and shall
describe all disciplinary actions taken by the Committee during such period.