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"Not protecting customer funds is such a fundamental breach of trust that, without question, the current system in which customer funds are held at the firm level must be re-evaluated," said the letter, which was signed by Executive Chairman and President Terrence Duffy, and CEO Phupinder Gill. The CME Group said that it is putting in new safeguards to protect customer money, along with the National Futures Association and the Commodity Futures Trading Commission. Those include more surprise reviews and requiring top executives, such as the CEO and chief financial officer, to sign off on statements about customer-segregated funds CME Group shares slipped 25 cents to $51.15 in late afternoon trading.
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