News Release

CME Group Statement on Obama Administration's Plan for U.S. Financial Regulatory Reform

Wed Jun 17 2009

CHICAGO, June 17 /PRNewswire-FirstCall/ -- CME Group released the following statement in response to the proposed U.S. financial regulatory reform proposals announced today by the Obama Administration:

 

"CME Group believes that the proposal to enhance regulation of systemic risk is an important effort to limit the potential for a recurrence of the recent financial crisis. Overall, we support many of the concepts and believe this is a significant step towards restoring confidence in the integrity of financial markets. We look forward to working with the administration and regulators to assure that the implementation of the details of the proposal are consistent with effective regulation of our markets and of the economy."

 

CME Group (www.cmegroup.com) is the world's largest and most diverse derivatives exchange. Building on the heritage of CME, CBOT and NYMEX, CME Group serves the risk management needs of customers around the globe. As an international marketplace, CME Group brings buyers and sellers together on the CME Globex electronic trading platform and on trading floors in Chicago and New York. CME Clearing is designed to eliminate counterparty credit risk by acting as the buyer to every seller and the seller to every buyer. CME Clearing also offers financial safeguards to help mitigate systemic risk, providing the security and confidence market participants need to operate, invest and grow. CME Group offers the widest range of benchmark products available across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, and alternative investment products such as weather and real estate. CME Group is listed on NASDAQ under the symbol "CME."

 

The Globe logo, CME, Chicago Mercantile Exchange, CME Group, Globex, E-mini and CME ClearPort are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX and New York Mercantile Exchange are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. All other trademarks are the property of their respective owners. Further information about CME Group and its products can be found at www.cmegroup.com.

CME-G

SOURCE: CME Group

Web site: http://www.cme.com/

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