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CME And Finra Seek Closer Relationship on Regulation

CME Group Inc. (CME) aims to work closer with the Financial Industry Regulatory Authority, or Finra, to supervise firms that do business in both the stock and derivatives markets, according to CME’s executive chairman. Improved communication between the largest self-regulatory organizations overseeing the U.S. securities and futures markets seeks to head off some of the fallout from the collapse of MF Global Holdings Ltd. (MFGLQ), CME’s Terry Duffy will tell lawmakers in prepared testimony Tuesday. More on NasDaq here.

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