Steadfast Capital Management Lp

Allegations: IT WAS ALLEGED THAT, ON MAY 22, 2015, THE STEADFAST FUNDS HELD A SHORT POSITION IN NATURAL GAS FUTURES WHICH WAS IN EXCESS OF THE STANDARD EXPIRATION MONTH POSITION LIMIT UNDER NEW YORK MERCANTILE EXCHANGE RULE 562. Status: Final Sanction Detail: STEADFAST CAPITAL MANAGEMENT LP ("STEADFAST") PAID A FINE IN THE AMOUNT OF $42,500 PROMPTLY FOLLOWING SETTLEMENT OF THIS ACTION. Summary: IT WAS ALLEGED THAT, ON MAY 22, 2015, THE STEADFAST FUNDS HELD A SHORT POSITION IN NATURAL GAS FUTURES WHICH WAS IN EXCESS OF THE STANDARD EXPIRATION MONTH POSITION LIMIT UNDER NYMEX RULE 562 (THE "VIOLATION"). THE POSITION LIMIT WENT INTO EFFECT AT THE CLOSE OF BUSINESS ON MAY 21, 2015. DESPITE THE FACT THAT THE NYMEX DIVISION OF MARKET REGULATION HAD, ON MULTIPLE OCCASIONS IN THE PRECEDING TWO DAYS, NOTIFIED THE BROKER CARRYING STEADFAST'S POSITION OF THE MAY 21, 2015 EFFECTIVE DATE AND THE FUNDS' EXCESS HOLDINGS, STEADFAST WAS NOT NOTIFIED BY ITS CARRYING BROKER OF SUCH OVERAGE UNTIL THE MORNING OF MAY 22, 2015. UPON RECEIVING NOTIFICATION OF THE OVERAGE, THE FUNDS PROMPTLY LIQUIDATED THE POSITION. ON FEBRUARY 9, 2016, A PANEL OF THE NYMEX BUSINESS CONDUCT COMMITTEE ACCEPTED STEADFAST'S OFFER OF SETTLEMENT WITH RESPECT TO THE ALLEGED VIOLATION, PURSUANT TO WHICH STEADFAST AGREED TO PAY A FINE IN THE AMOUNT OF $42,500, WHILE NEITHER ADMITTING NOR DENYING ANY RULE VIOLATION. STEADFAST CAPITAL MANAGEMENT LP PAID THIS AMOUNT PROMPTLY FOLLOWING SETTLEMENT OF THIS ACTION. THE FUNDS WERE NOT ASSESSED ANY FINE OR OTHER PENALTIES.