CME Group is looking at its options as U.S. regulators challenge the liquidity of Treasurys used as collateral. The exchange group has suggested that it might be forced to move "a significant portion" of its clearing options to a non-U.S. jurisdiction. The Commodity Futures Trading Commission has proposed requiring central counterparties to hold cash to backstop Treasurys. CME says the situation would put it at a competitive disadvantage as other jurisdictions take a less harsh stance.

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