e-cbot Member Firms 1 Series B-] (Full) — Leased; or
1 Series B-2 (Associate) — Leased

INVESTMENT ONLY MEMBER
FIRMS

. 1 Series B-1 (Full)
Investment Only Member Firms 1 Series B-2 (Associate)
1 Series B-3 (GIM)

1 Series B-4 (IDEM)

1 Series B-5 (COM)



Pools, Hedge Funds or Other Collective 4 Series B-1 (Full), 2 Series B-2

Investment Vehicles — Equity Members (Associate) and 129,352 shares‘
TRADING MEMBER FIRMS
Proprietary Trading Firms? 1 Series B-1 (Full); or
1 Series B-2 (Associate); or
Registered Trading FCMs 1 Series B-4 (IDEM); or

1 Series B-5 (COM)
Qualified Affiliates* of any Equity or
Trading Member Firm (excluding Pools,
Hedge Funds or Other Collective
Investment Vehicles — Equity or Trading

Members)

Qualified A ffiliates* of any Equity or 1 Series B-1 (Full) - Leased; or
Trading Member Firm (excluding Pools, 1 Series B-2 (Associate) - Leased; or
Hedge Funds or Other Collective 1 Series B-4 (IDEM) - Leased; or

Investment Vehicles — Equity or Trading 1 Series B-5 (COM) - Leased
Members)

Pools, Hedge Funds or Other Collective 2 Series B-1 (Full) and

Investment Vehicles — Trading 1 Series B-2 (Associate)?
Members
e-cbot MEMBER FIRMS

* Qualifies up to six pools, hedge funds or other collective investment vehicles where the member firm exercises
trading control over, is under common trading control with, or wholly owns such entities. Each additional Series B-
1 (Full) membership and 27,338 shares or Series B-2 (Associate) membership and 10,000 shares will qualify an
additional such entity. A Registered Clearing FCM or Equity FCM or a Clearing or Equity Proprietary Firm
(Closely Held or Corporate) that qualifies for the Membership Umbrella may also qualify a pool, hedge fund or
other collective investment vehicle, over which it or any of its Qualified Affiliates exercises trading control, through
the registration of an additional Series B-1 (Full) membership and 27,338 shares or Series B-2 (Associate)
membership and 10,000 shares for each such entity that it wishes to qualify for Equity Member Firm transaction
fees, or through the registration of an additional Series B-1 (Full) or Series B-2 (Associate) membership for each
such entity that it wishes to qualify for Trading Member Firm transaction fees.

5 Qualifies up to three pools, hedge funds or other collective investment vehicles where the member firm exercises
trading control over, is under common trading control with, or wholly owns such entities. Each additional Series B-
1 (Full) or Series B-2 (Associate) membership will qualify an additional such entity.


September 29, 2006 c

Ms. Eileen A. Donovan is
Acting Secretary

Commodity Futures Trading Commission
Three Lafayette Center

1155 21" Street, N.W.

Washington, D.C. 20581

4) G6 dS

}

€s +

Reference File # 2723.02

Rule Certification
Dear Ms. Donovan:

Pursuant to Commission Regulation 40.6(a), the Chicago Board of Trade (CBOT®) hereby
submits the following, as indicated in the attached texts:

- Revised Regulation 244.08 (additions underlined; deletions struck through) and new
Rulebook Appendix 2D.

These provisions supersede and replace the versions that were included in a previous CBROT
filing, submitted by letter dated September 27, 2006 (CBOT Reference File #2723.01). The
current versions reflect technical corrections.

The CBOT intends to implement these provisions as of October 1, 2006.

There were no opposing views concerning these provisions.

The CBOT certifies that these provisions conform with the Commodity Exchange Act and the
rules thereunder.

Sincerely,

Paul J. Draths
Vice President and Secretary

b091906

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Additions are underlined; Deletions are struck-threugh.

244.08 Categery(2e) Fees for Pools, Hedge Funds or Other Collective Investment Vehicles
= Equity Members

Member firms qualified under the Pools, Hedge Funds or Other Collective Investment Vehicles
Equity Member Firm category, pursuant to Regulation 230.02 and Appendix 2D,

Regulation 230.02-Categery-(2e) will be granted the same fee treatment that as the proprietary
accounts of Equity Member Firms that are Registered Clearing or Equity FCMs or Corporate
Clearing or Equity Proprietary Firms, pursuant to Regulation 230.02 and Appendix 2D, Categery
1a}, 4); 2a} and-(2b)}nember-firms receive where the trade is eitherinitiated-or executed by a

non-member for those firms’ accounts.



Appendix 2D

FIRM MEMBERSHIP TYPE

TRADING RIGHTS AND CLASS A
SHARES

EQUITY MEMBER FIRMS

Closely Held Clearing Proprietary Firms!
Corporate Clearing Proprietary Firms?
Registered Equity FCMs

Sole Proprietor Clearing Member

1 Series B-1 (Full) and 27,338 shares

Closely Held Equity Proprietary Firms!
Corporate Equity Proprietary Firms”

Qualified Affiliates* of Closely Held
Clearing or Equity Proprietary Firms,
Corporate Clearing or Equity Proprietary
Firms, or Registered Clearing or Equity
FCMs

1 Series B-1 (Full) and 27,338 shares; or
1 Series B-2 (Associate) and 10,000 shares

Registered Clearing FCMs

2 Series B-1 (Full) and 54,676 shares

Membership Umbrella — Unlimited
Number of Qualified Affiliates’

4 Series B-1 (Full), 2 Series B-2
(Associate) and 129,352 shares; or

5 Series B-] (Full) and 129,352 shares
(Agricultural Only)

' Closely Held Proprietary Firms must be wholly owned by members or by members and employees of the firm.

? Proprietary Firms that are not wholly owned by members or by members and employees of the firm must have a
business purpose deemed appropriate by the Exchange, including cash grain firms, financial institutions, market
makers designated by the Exchange, proprietary trading firms that do not otherwise meet the definition of a Pool,
Hedge Fund or Other Collective Investment Vehicle, or other forms of business approved by the Exchange.

3 Qualified Affiliates are non-FCM, non-clearing entities that are not pools, hedge funds or other collective
investment vehicles, and which are wholly owned by one or more member firms, wholly own a member firm, or are
wholly owned by the same parent company(ies) as a member firm.