CME Group Competitive Markets Advisory Council

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CME Group Competitive Markets Advisory Council

Founded	2004
Headquarters	Chicago
Products	Group created to analyze and develop policy analyses and position papers on significant competitive market issues
Web site	http://www.cmegroup.com/company/center-for-innovation/competitive-markets-advisory-council.html

Established by CME Group in 2004, the CME Group Competitive Markets Advisory Council (CMAC) was developed to create a "think tank" to analyze and develop policy analyses and position papers on significant competitive market issues. It serves as an intellectual resource for CME and the CME Group Center for Innovation.^[1]

History

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Key People

The Group includes: CMAC Chairman, John Gould; Steven Rothmeier, Distinguished Service Professor of Economics, University of Chicago Graduate School of Business; Gary Becker, Nobel Prize-Winning Economist, Professor of Economics and Sociology, University of Chicago; David Hale, International Economist and Founder, Hale Advisors, LLC; Robert Merton, Nobel Prize-Winning Economist, John and Natty McArthur University Professor, Harvard Business School; Michael Moskow, Vice Chairman and Senior Fellow for the Global Economy and former President, Federal Reserve Bank of Chicago, the Chicago Council on Global Affairs; Robert Shiller, Stanley Resor, Professor of Economics, Yale University Chief Economist, Macro Securities Research, LLC.^[2]

Additionally, the following CME Group senior officials serve as members of CMAC: Leo Melamed, CME Group Chairman Emeritus, CMAC Vice Chairman; Terry Duffy, CME Group Executive Chairman; Craig Donohue, CME Group CEO; Phupinder Gill, CME Group President; Charles Carey, CME Group Vice Chairman Jack Sandner, Retired Chairman.^[3]