Four Chicago Mercantile Exchange clearing members agreed to pay fines of either US $100,000 or US $50,000 to the CME for failing to maintain sufficient funds at all times in their segregation, secured funds and cleared swaps customer accounts and, in some case, other violations. The Clearing House’s orders provided no insight regarding the facts related to the violations or their length. Separately, the CME ended its summary access denial to all CME Group exchanges by Hana Financial Investment. In May 2018, CME suspended Hana’s direct and indirect access to all CME Group markets for 60 days because of its alleged incomplete cooperation with “several” investigations from May 2017 through the present as well as its apparent netting of customer positions among independently owned and controlled accounts within omnibus accounts at “several” CME Group clearing members. (Click here for details in the article “CME Group Summarily Suspends Foreign Broker’s Access to All Its Markets for Not Cooperating Fully With Its Investigations and Purported Position Misreporting” in the June 3, 2018 edition of Bridging the Week.) The CME said that Hana had demonstrated to its Market Regulation staff that it now had the "ability" to comply with exchange rules regarding reporting positions in separate customer accounts on a gross basis, as required, and to provide "accurate and complete information" in response to Market Regulation inquiries. Additionally, Continental Energy Group, LLC agreed to pay a fine of US $70,000 to the New York Mercantile Exchange to resolve charges that, from May through September 2016, it entered into multiple block trades without reporting them within applicable time limits, and did not properly train its employees or have adequate procedures to review block trades before and after submission to ensure block execution times were accurate. This is the second disciplinary action brought by NYMEX in the last two months where the business conduct committee sanctioned a firm for not having procedures to review block trades before and after they were submitted to the exchange for accuracy. (Click here for background in the article “Introducing Broker Fined by NYMEX for Not Reporting Block Trade Times Accurately” in the June 17, 2018 edition of Bridging the Week.) Unrelatedly, RBC Capital Markets, LLC agreed to pay a fine of US $50,000 to the Cboe Futures Exchange as a result of reporting inaccurate open interest and large trader positions on "numerous dates" from May 2016 through August 2017. The errors were caused by programming errors by a third party service used by RBCCM.