400 South LaSalle Street › Chicago, IL 60605 › cboe.com

July 8, 2021

Christopher J. Kirkpatrick

Secretary

Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: Cboe Futures Exchange, LLC

Weekly Notification of Rule Amendments

Submission Number CFE-2021-015

Dear Mr. Kirkpatrick:

Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and

Regulation 40.6(d)(2)(i) of the regulations promulgated by the Commodity Futures Trading 

Commission (“CFTC” or “Commission”) under the Act, Cboe Futures Exchange, LLC (“CFE” or 

“Exchange”) hereby provides a summary notice of a CFE rule amendment made during the week July 

5, 2021 (“Amendment”). Exhibit 1 to this submission sets forth the rule changes included in the 

Amendment. The Amendment became effective on July 8, 2021.

The Amendment made non-substantive revisions to renumber certain rule provisions and to 

correct cross-references within CFE’s rules. First, the Amendment corrected the numbering of certain

provisions within paragraph (e) of CFE Rule 403 (Order Entry and Maintenance of Front-End Audit 

Trail Information) to eliminate duplicative numbering. Second, the Amendment corrected crossreferences to certain paragraphs within Rule 403 contained in CFE Rule 714 (Imposition of Fines for 

Minor Rule Violations). Rule 403 was recently revised to include additional paragraphs which 

altered the paragraph numbering within Rule 403. The Amendment corrected cross-references within 

Rule 714 to reflect the current paragraph numbering of Rule 403 and to reflect the corrected 

numbering within Rule 403(e) so that certain minor rule violation categories under Rule 714 crossreferenced the correctly numbered rule provisions. The types of violations covered by Rule 714 are 

not changing, and thus the Exchange considers the applicable fine schedules to have covered these 

violation types as reflected in the Amendment regardless of the prior rule cross-references within

Rule 714.

CFE believes that the Amendment is consistent with the Designated Contract Market 

(“DCM”) Core Principles under Section 5 of the Act. In particular, CFE believes that the 

Amendment is consistent with DCM Core Principle 7 (Availability of General Information) in that 

the Amendment further clarified CFE’s rules by correcting numbering and cross-references within the

rules.

CFE believes that the impact of the Amendment will be beneficial to the public and market 

participants. CFE is not aware of any substantive opposing views to the Amendment. CFE hereby 

certifies that the Amendment complies with the Act and the regulations thereunder. CFE further 
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certifies that CFE has posted a notice of this submission on CFE’s Web site 

(https://markets.cboe.com/us/futures/regulation/rule_filings/cfe/) concurrent with the filing of this 

submission with the Commission.

Questions regarding this submission may be directed to Arthur Reinstein at (312) 786-7570 

or Michael Margolis at (312) 786-7153. Please reference our submission number CFE-2021-015 in

any related correspondence.

Cboe Futures Exchange, LLC

/s/ Michael Mollet

By: Michael Mollet

Managing Director
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EXHIBIT 1

The Amendment, marked to show additions in underlined text and deletions in stricken text, 

consists of the following:

* * * * *

Cboe Futures Exchange, LLC Rules

* * * * *

403. Order Entry and Maintenance of Front-End Audit Trail 

Information

(a) - (d) No changes.

(e) Each Bulk Message must contain the following information: (i) Quote Update ID; 

(ii) EFID; (iii) Order Entry Operator ID; (iv) Clearing Corporation origin code (C for 

Customer or F for Firm); (ivv) Customer Type Indicator code; (vvi) manual Order indicator; 

(vivii) account designation (which shall be the account number of the account of the party for 

which the Quotes in the Bulk Message were placed, except that a different account 

designation may be included in the case of a Quote that is a bunched Order processed in 

accordance with Rules 406(g) and 605 or in the case of a Quote for which there will be a 

post-trade allocation of the resulting trade(s) to a different clearing member); (viiviii) at least 

one Quote; and (viiix) such additional information as may be prescribed from time to time by 

the Exchange.

(f) - (i) No changes.

* * * * *

714. Imposition of Fines for Minor Rule Violations

(a) - (e) No changes.

(f) The following is a list of the rule violations subject to, and the applicable fines that 

may be imposed by the Exchange pursuant to, this Rule 714:

(i) No changes.

(ii) Failure to Identify Correct Customer Type Indicator Code. (Rule

403(b)(x) and Rule 403(c)(iv)403(e)(v))

Number of Cumulative Violations in Any 

Twelve (12) Month Rolling Period

Fine Amount

First Offense..................................... Letter of Caution

Second Offense................................ $2,500

Third Offense................................... $5,000

Fourth Offense................................ $7,500

Subsequent Offenses......................... $10,000
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(iii) Failure to Provide Correct Account Designation. (Rule 403(b)(xii) and 

Rule 403(c)(vi)403(e)(vii))

Number of Cumulative Violations in Any 

Twenty-Four (24) Month Rolling Period

Fine Amount

First Offense..................................... Letter of Caution

Second Offense................................ $2,500

Subsequent Offenses........................... $10,000

(iv) Failure to Comply with Order Form Preparation and Recordkeeping 

Requirements Relating to Orders Which Cannot Be Immediately

Entered into the CFE System. (Rule 403(fh))

Failure to Maintain Front-End Audit Trail Information for All 

Electronic Orders Entered into the CFE System, Including Order 

Modifications and Cancellations. (Rule 403(gi))

Number of Cumulative Violations in Any 

Twelve (12) Month Rolling Period Fine Amount

First Offense..................................... Letter of Caution

Second Offense................................ $2,500

Subsequent Offenses........................... $10,000

(v) - (xvii) No Changes. 

* * * * *