CHICAGO, Feb 11 (Reuters) - CME Group Inc 'can live with' any of the proposals for financial regulation that have so far emerged from U.S. congressional committees, the head of the largest operator of U.S. futures exchanges said on Wednesday.
'Right now, we'd like to see legislation get passed sooner rather than later,' CME Executive Chairman Terrence Duffy told investors on a webcast.
'Everything that we've seen get passed out of committee is something that we believe we can live with,' Duffy added.
Lawmakers leading the financial reform efforts want to get a bill on President Barack Obama's desk by the Fourth of July. Duffy called the goal 'a little ambitious,' but added that if they didn't make that deadline it would be unlikely any reforms would be passed before 2011.
(Reporting by Ann Saphir, editing by Leslie Gevirtz) Keywords: CME/DUFFY (ann.saphir@thomsonreuters.com; +1-312-408-8592; Reuters Messaging: ann.saphir.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'Right now, we'd like to see legislation get passed sooner rather than later,' CME Executive Chairman Terrence Duffy told investors on a webcast.
'Everything that we've seen get passed out of committee is something that we believe we can live with,' Duffy added.
Lawmakers leading the financial reform efforts want to get a bill on President Barack Obama's desk by the Fourth of July. Duffy called the goal 'a little ambitious,' but added that if they didn't make that deadline it would be unlikely any reforms would be passed before 2011.
(Reporting by Ann Saphir, editing by Leslie Gevirtz) Keywords: CME/DUFFY (ann.saphir@thomsonreuters.com; +1-312-408-8592; Reuters Messaging: ann.saphir.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.