Hayman Capital Management Lp

Allegations: THE CME GROUP, INC., MARKET REGULATION DEPARTMENT ALLEGED THAT ON JANUARY 15, 2015, HAYMAN HAD A LONG POSITION OF 4,300 FEBRUARY CRUDE OIL FUTURES CONTRACTS, 1,300 CONTRACTS IN EXCESS OF THE POSITION LIMIT IN EFFECT AT THE CLOSE OF BUSINESS, JANUARY 14, 2015. Status: Final Sanction Detail: UNDER THE TERMS OF THE SETTLEMENT, HAYMAN, WITHOUT ADMITTING OR DENYING THE FINDINGS OR RULE VIOLATION, PAID A FINE OF $25,000 AND THE HAYMAN FUNDS DISGORGED $709,270 OF PROFITS EARNED FROM THE JANUARY CRUDE OIL FUTURES CONTRACTS HELD IN EXCESS OF THE SPOT MONTH LIMIT OF 3,000 CONTRACTS ON JUNE 12, 2015. Summary: ON MAY 28, 2015, HAYMAN ENTERED INTO A SETTLEMENT WITH THE CME GROUP, INC.'S NEW YORK MERCANTILE EXCHANGE BUSINESS CONDUCT COMMITTEE (AN SRO) RESOLVING AN ALLEGED POSITION LIMIT RULE VIOLATION ON CERTAIN COMMODITIES FUTURES CONTRACT POSITIONS HELD BY THE HAYMAN FUNDS. UNDER THE TERMS OF THE SETTLEMENT, HAYMAN, WITHOUT ADMITTING OR DENYING THE FINDINGS OR RULE VIOLATION, AGREED TO THE ENTRY OF NOTICE OF A DISCIPLINARY ACTION FINDING THAT IN JANUARY 2015 HAYMAN EXCEEDED THE SPOT MONTH POSITION LIMITS FOR EXPIRING CRUDE OIL FUTURE CONTRACTS ON THE NYMEX EXCHANGE. FURTHER, HAYMAN AGREED TO PAY A FINE OF $25,000 AND FOR THE HAYMAN FUNDS TO DISGORGE THE PROFITS EARNED FROM THE JANUARY CRUDE OIL FUTURES CONTRACTS HELD IN EXCESS OF THE SPOT MONTH LIMIT.