CME's Donohue discusses concerns about Dodd-Frank

03/17/2011 | SmartBrief/SmartBlog on Finance

CME Group CEO Craig Donohue said his main concern about the Dodd-Frank Act is its overarching nature. He said there are so many rules being written, and regulators need to consider how they will affect market participants. Donohue also said the industry is working to ensure the Commodity Futures Trading Commission doesn't go beyond statute requirements. In this interview, Donohue discusses regulators' response to the May 6 "flash crash," recent merger mania among exchanges and record volume with the Chicago Board Options Exchange Volatility Index.

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