Bloomberg Businessweek

Brussels Throws Its Weight Around

The European Union is emerging as the new sheriff for global financial markets

From its Chicago headquarters, CME Group Inc. offers options, swaps, and futures contracts designed to help investors mitigate the potential fallout from, say, a failed gold mine in Africa, a spike in Mexican interest rates, or an oil spill in the North Sea. Today the company itself faces growing risk from an unexpected quarter: Brussels.

European Union regulators are seeking greater influence over the supervision of financial companies, including those

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