TABLE OF CONTENTS

Page

CHAPTER I. ADOPTION, INTERPRETATION AND APPLICATION OF

RULES, AND DEFINITIONS ......................................................................................... 2
Rule 1.1. Adoption of Exchange Rules ...................................................................... 2
Rule 1.2. Interpretation ............................................................................................... 2
Rule 1.3. Applicability ............................................................................................... 2
Rule 1.4. Effective Time ............................................................................................ 2
Rule 1.5. Definitions................................................................................................... 2

CHAPTER II. MEMBERS OF THE EXCHANGE .................................................................. 8

Rule 2.1. Rights, Privileges and Duties of Members ................................................. 8
Rule 2.2. Obligations of Members and the Exchange ................................................ 8
Rule 2.3. Member Eligibility ...................................................................................... 8
Rule 2.4. Mandatory Participation in Testing of Backup Systems............................. 9
Rule 2.5. Restrictions ................................................................................................. 9
Rule 2.6. Application Procedures for Membership or to become an
Associated Person of a Member ............................................................... 16
Rule 2.7. Revocation of Membership or Association with a Member ..................... 18
Rule 2.8. Voluntary Termination of Rights as a Member ........................................ 18
Rule 2.9. Dues, Assessments and Other Charges ..................................................... 18
Rule 2.10. Affiliation between Exchange and a Member .......................................... 18
Rule 2.11. Cboe Trading, Inc. as Outbound Router ................................................... 19
Rule 2.12. Cboe Trading, Inc. as Inbound Router ...................................................... 21

CHAPTER III. RULES OF FAIR PRACTICE ....................................................................... 23

Rule 3.1. Business Conduct of Members ................................................................. 23
Rule 3.2. Violations Prohibited ................................................................................ 23
Rule 3.3. Use of Fraudulent Devices ........................................................................ 23
Rule 3.4. False Statements........................................................................................ 23
Rule 3.5. Communications with the Public .............................................................. 23
Rule 3.6. Fair Dealing with Customers .................................................................... 23
Rule 3.7. Recommendations to Customers............................................................... 24
Rule 3.8. The Prompt Receipt and Delivery of Securities ....................................... 25
Rule 3.9. Charges for Services Performed ............................................................... 25
Rule 3.10. Use of Information .................................................................................... 25
Rule 3.11. Publication of Transactions and Quotations ............................................. 25
Rule 3.12. Offers at Stated Prices ............................................................................... 25
Rule 3.13. Payments Involving Publications that Influence the Market Price of
a Security .................................................................................................. 25
Rule 3.14. Disclosure on Confirmations .................................................................... 26
Rule 3.15. Disclosure of Control ................................................................................ 26
Rule 3.16. Discretionary Accounts ............................................................................. 26
Rule 3.17. Customer’s Securities or Funds ................................................................ 27
Rule 3.18. Prohibition Against Guarantees ................................................................ 27