CBOE hires Goldman Sachs

27 Jun 2005

FO Week has learned that Chicago Board Options Exchange (CBOE) has hired Goldman Sachs for investment banking services, marking another step toward a demutualisation for the member-owned organisation.

In January, CBOE formed a committee to examine the issue of transforming the exchange into...

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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.