WFE press release on promote international regulatory cooperation, Washington DC, 27 May 2009

WASHINGTON D.C. (May 27, 2009) – The Board of Directors of the World Federation of Exchanges (WFE) yesterday pledged to promote international regulatory cooperation in a meeting with the head of the U.S. Securities and Exchange Commission (SEC).

William J. Brodsky, Chairman of the WFE and Chairman and CEO of the Chicago Board Options Exchange (CBOE), welcomed SEC Chairman Mary Schapiro to the WFE Directors’ meeting. Mr. Brodsky and other board members briefed Ms. Schapiro on current WFE priorities, which include setting best practices for short selling and securities lending as well as clarification and international coordination of market “circuit breakers.”

Report Date: 
Wed, 05/27/2009