US Regulators Surely Looking at CME Outage, Gensler Says

US regulators will continue looking at the recent hours-long outage of the Chicago Mercantile Exchange, former Securities and Exchange Commission Chair Gary Gensler said Tuesday.

CME Group Inc.’s exchange, a critical trading venue for US Treasuries and myriads of energy, financial and foreign exchange derivatives, faced disruptions last week due to a cooling failure at a data center outside Chicago.

Gary Gensler

Photographer: Michael Nagle/Bloomberg

The incident highlighted the vulnerabilities of what Gensler called systemically important players due to a confluence of timing with a US holiday and failures by an infrastructure provider.

“You always look for lessons learned,” Gensler said in an ...