Reuters: Regulatory News: CME must delay extension of trading hours- CFTC

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CME must delay extension of trading hours- CFTC May 3rd 2012, 15:56 By Alexandra Alper WASHINGTON | Thu May 3, 2012 11:56am EDT WASHINGTON May 3 (Reuters) - CME Group Inc has not yet requested permission from the Commodity Futures Trading Commission to extend trading hours, forcing the exchange to delay its planned increase to 22 hours, the CFTC said on Thursday. The CFTC needs at least 10 business days to review such CME's plan, which CME announced it would implement on May 14.

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