Gis] NEW YORK

BOARD OF TRADE‘
World Financial Center

One North End Avenue
New York, New York 10282

BY ELECTRONIC TRANSMISSION

07-9
February 7, 2007 =

qi

Ms. Eileen A. Donovan

Acting Secretary of the Commission
Office of the Secretariat

Commodity Futures Trading Commission
Three Lafayette Centre

1155 21" Street, NW

Washington, DC 20581

Re: Amendments to Disciplinary Rule 21.25(b)(i) -
Submission Pursuant to Section Sce(c)(1) of the Act and Regulation 40.6

Dear Ms. Donovan:

Pursuant to Section 5e(c)(1) of the Commodity Exchange Act, as amended, and
Commission Regulation 40.6, the Board of Trade of the City of New York, Inc. (“Exchange”)
submits, by written certification, amendments to Disciplinary Rule 21.25(b)(i), attached as
Exhibit A.

The amendments permit the use of cellular telephones outside of the trading rings on the
Exchange’s trading floor and eliminate a redundant floor fine. Cellular phones will be permitted
in the areas outside the trading rings in order to give the floor community access to the same
information as their counterparts who are trading electronically. The floor fine for failing to take
ten (10) contracts in Cotton No. 2, FCOJ, Financials and Index Contracts after showing two (2)
hands is repeated in the fine for failing to state a quantity in any Exchange contract and not take
a minimum of ten (10) contracts. Hence, the former is being deleted.

The Exchange certifies that the amendments comply with the requirements of the
Commodity Exchange Act and the rules and regulations promulgated thereunder.

The Exchange’s Board of Directors adopted the amendments at its meeting on February
7, 2007. The amendments will be implemented on February 8, 2007. No substantive opposing
views were expressed by members or others with respect to the amendments.


-2-

If you have any questions or need further information, please contact me at

jfassler@nybot.com or 212-748-4084.

Sincerely,

Jill S. Fassler
Vice President
Associate General Counsel

ce: Riva Adriance
CFTC, Division of Market Oversight
Allen Cooper
CFTC, New York Regional Office


(In the text of the amendments below, additions are underlined and deletions are bracketed and
lined out.)
Rule 21.25. Floor Committee Summary Action

* * *

(b) Conduct Subject to Summary Action

It shall be a violation of the Rules regarding decorum, attire, or timely submission of accurate records
for a Member to engage in the following practices:
(i) Decorum:

The conduct enumerated below, if committed on the Trading Floor, on premises occupied by the
Exchange, or in the building in which such premises are located is deemed a breach of decorum and is
prohibited. In addition, the conduct specified in paragraph (A)(15) hereof, if committed in the area
immediately surrounding any building in which the Exchange occupies premises is deemed a breach
of decorum and is prohibited if such conduct relates to, or impacts upon, the business of the
Exchange.

A. Conduct:

* * *

17. The use of photographic equipment [er-eeltular-telephenes] on the Trading Floor.
18. Leaving a spot in a Trading Ring in a disruptive manner. ;

19. Otherwise causing a disruption in the marketplace.

20. Any threatening, abusive, harassing or intimidating speech or conduct.

21. Failure to report sales on the close.

22. The use of cellular telephones inside the Trading Ring

B. Trading Practices:

12. fi the-Cott Ne- 2; FCOR ant sal dnd: Cont ts-tradi: i: i 4: +y 2}
43] failing to state a quantity and not taking a minimum of ten (10) contracts.
[REMAINDER OF RULE UNCHANGED]

EXHIBIT A