ICE Futures U.S. has amended its rule that authorizes the Vice President of Market Regulation to issue summary fines of up to US $10,000 without a hearing for certain minor offenses, including recordkeeping violations and not including proper trader identification on electronic orders.(Click here to access ICE Futures U.S. Rule 21.02) Currently, participants may not appeal such fines. Under the ICE Futures amended rule, however, a participant may bring relevant information to the exchange’s attention within 15 calendar days after receipt of notice of a fine to request that the fine be reduced or eliminated. The amended rule will be effective April 11 absent objection by the Commodity Futures Trading Commission.