VOLUME 23 – BULLETIN #119
TO:
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ALL CLEARING MEMBERS
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FROM:
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CLIENT SERVICES AND SUPPORT
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DATE:
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August 7, 2003
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SUBJECT:
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Adoption of New Bylaws and Rules
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Recently, the Board of Trade Clearing Corporation ("Clearing Corporation") adopted a new set of Bylaws and accompanying Rules. The Clearing Corporation’s old Bylaws incorporated traditional corporate governance and operational provisions in one document. However, in light of the current business climate, the Clearing Corporation elected to revise its Bylaws so that they address traditional corporate governance matters only, while operational business provisions have been moved into a separate Rulebook.
You can view the new Bylaws and Rules via the following links to the Clearing Corporation website below:
Bylaws: http://www.clearingcorp.com/bylaws/bylawstoc.html
Rules: http://www.clearingcorp.com/bylaws/rules.html
If you have any questions regarding these new Bylaws and Rules, please contact Nancy Brooks at (312) 786-5711 or Robert Hertel at (312) 786-5743. |