A panel of the business conduct committee of the Chicago Mercantile Exchange ordered Coby Tresner, a member, to pay a fine of US $150,000, restitution of over US $105,000, an arbitrator award of over US $140,000, and be permanently barred from accessing all CME Group exchanges for entering customers’ orders on multiple occasions from December 2014 through March 2015 without authorization. Mr. Tresner’s actions purportedly caused the customers to sustain losses in excess of US $105,000.