CME Group statement on PFGBest

CME hints at taking customer funds out of hands of brokers

CHICAGO, July 13, 2012 /PRNewswire/ -- CME Group today released the following statement:

"We are appalled by the recent violations of customer segregated funds that have shaken the very core of our industry.  These breaches of trust are completely unacceptable not only to CME Group but also the businesses and individuals who rely on these markets to manage their risk. Without question, the current system in which customer funds are held at the firm level must be reevaluated.  CME Group is committed to working with Congress, CFTC, NFA, FIA and market participants to restore confidence in derivatives markets."

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