Gensler Statement on Meeting with Exchange Leaders
May 10, 2010
Washington, DC – Commodity Futures Trading Commission Chairman Gary Gensler today released the following statement after meeting with leaders from the Chicago Mercantile Exchange and IntercontinentalExchange, Inc.
Chairman Gensler said:
“Today’s meetings with the futures exchanges were constructive in providing information regarding the market events of May 6, 2010. The exchanges have been very cooperative in providing essential data and analyses relating to their respective markets. I also was pleased to meet later in the day with Treasury Secretary Geithner, SEC Chairman Schapiro and representatives from the futures and securities exchanges to discuss contributing factors of the unusual trading and the exchanges’ preliminary thoughts on how to best protect investors.”
Last Updated: June 14, 2010