AEGIS SEF | 2829 Technology Forest Boulevard, Suite 260 | The Woodlands, Texas 77381

January 27, 2023

Submitted via Portal

Mr. Christopher J. Kirkpatrick

Office of the Secretariat

U.S. Commodity Futures Trading Commission

Three Lafayette Centre

1155 21st Street, N.W.

Washington, D.C. 20581

Re: CFTC Regulation 40.6(d) Notification. AEGIS SEF, LLC Weekly 

Notification of Amended Terms and Conditions

Dear Sir:

Pursuant to Section 40.6(d) of the regulations of the U.S. Commodity Futures Trading 

Commission (the “CFTC”, or the “Commission”), AEGIS SEF, LLC (“AEGIS”) hereby notifies 

the Commission that it has amended its Exhibit N-1 Participant Agreement and Exhibit N-3

Market Participant Addendum. The amended Exhibits shall become effective January 27, 2023.

A concise explanation and analysis of the rules and their compliance with applicable provisions 

of the Act, including core principles, Commission regulations and/or AEGIS SEF Rules, is 

attached hereto as Exhibit A. A copy of the Exhibit N-1 Participant Agreement is attached under 

separate cover as Exhibit B. A copy of the Exhibit N-3 Market Participant Addendum is attached 

under separate cover as Exhibit C. A redlined version of the Exhibit N-1 Participant Agreement 

is attached under separate cover as Exhibit D. A redlined version of the Exhibit N-3 Market 

Participant Addendum is attached under separate cover as Exhibit E. Exhibits B thru E bear the 

designation “Confidential Treatment Requested by AEGIS SEF, LLC.”

This request for confidential treatment is made pursuant to Commission Regulations 40.8, as 

Exhibits B thru E contain information that would reveal the trade secrets or confidential 

commercial or financial information of AEGIS SEF and its affiliates.

AEGIS hereby certifies that: (i) the amended agreements comply with the Act and the

Commission’s regulations thereunder, and (ii) copy of this submission is being

concurrently posted on AEGIS’s website. There were no substantive opposing views to the

amendments to Exhibit N-1 and Exhibit N-3.

Please contact the undersigned at 832-413-5973 or afurman@aegis-hedging.com with any 

questions regarding this matter.

(signature on page 2)
AEGIS SEF | 2829 Technology Forest Boulevard, Suite 260 | The Woodlands, Texas 77381

Andrew Furman

Chief Compliance Officer

AEGIS SEF, LLC

2829 Technology Forest Blvd

Suite 260

The Woodlands, TX 77381

Exhibit A – Explanation 

Amendment and Explanation Supporting Rule / Core Principle

Added separate exhibit(s) to N-1 and N3 to allow for multiple child entities 

with same signatory to execute single 

agreement

• Core Principle 1(B)- Reasonable 

Discretion of swap execution facility

• Core Principle 5 – Ability to Obtain

Information

• Core Principle 10 – Recordkeeping

• AEGIS SEF Rulebook 3.3

Clarified description of existing 

agreement in N-3

• Core Principle 1(B)- Reasonable 

Discretion of swap execution facility

• Core Principle 5 – Ability to Obtain 

Information

• Core Principle 10 – Recordkeeping

• AEGIS SEF Rulebook 3.3
AEGIS SEF | 2829 Technology Forest Boulevard, Suite 260 | The Woodlands, Texas 77381

Exhibit B – AEGIS SEF Exhibit N-1 Participant Agreement

(attached under separate cover)

Exhibit C – AEGIS SEF Exhibit N-3 Market Participant Addendum

(attached under separate cover)

Exhibit D – AEGIS SEF Exhibit N-1 Participant Agreement (redlined)

(attached under separate cover)

Exhibit E – AEGIS SEF Exhibit N-3 Market Participant Addendum (redlined)

(attached under separate cover)