Bumper Q2 for CBoT

02 Aug 2004

Chicago Board of Trade (CBoT) reasserted its financial strength last week, declaring second quarter net income of $16.5m, up 67% from the $9.9m reported for the same period in 2003. Exchange revenues rose...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.