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CBOT<SUP><SMALL>® </SUP></SMALL>Chairman Charlie Carey Testifies Before House Subcommittee On The Implementation Of CFMA

Date 19/06/2003

Chicago Board of Trade (CBOT) Chairman Charlie P. Carey testified today on the implementation of the Commodity Futures Modernization Act (CFMA) of 2000 to the Subcommittee on General Farm Commodities and Risk Management Committee on Agriculture of the U.S. House of Representatives.

A copy of his written testimony is available on the CBOT's website at http://www.cbot.com/news, or by contacting the CBOT Communications Department at 312-435-3620.

Providing a diverse mix of financial, equity and commodity futures and options on futures products, the Chicago Board of Trade advances into the 21st Century on the strength of 155 years of member-trader expertise, unparalleled liquidity and transparency, and market integrity. Via open auction and screen-based trading, the CBOT provides premier customer service to risk managers and investors worldwide. The CBOT was launched in 1848 originally for agricultural producers to achieve price protection. In addition to its robust agricultural complex, today, CBOT members trade products such as futures and options on futures on U.S. Treasury bonds and notes, interest rate swaps, and the Dow Jones Industrial AverageSM, including an electronic mini-sized Dow.

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