CME Group, the world's leading and most diverse derivatives marketplace, today commends the State Legislatures' efforts to address the corporate tax disparity in Illinois.
"We are pleased that Illinois Governor Pat Quinn and the State Legislature have addressed the inequitable distribution of corporate taxes currently levied on CME Group," said CME Group Executive Chairman Terry Duffy. "This necessary adjustment to the Illinois corporate tax laws will put CME Group on more equal footing with other Illinois companies and other global exchanges. CME Group has been a part of Chicago for more than 160 years and, because of the efforts of Governor Quinn, Senate President John Cullerton, House Revenue Committee Chairman John Bradley, Senate Minority Leader Christine Radogno, Senator Toi Hutchinson and other members of the State Legislature, we will continue to call the great State of Illinois and City of Chicago the risk management capital of the world."
Duffy also recognizes Mayor Rahm Emanuel for his extraordinary efforts and leadership in securing CME Group as a mainstay in Illinois and the City of Chicago for the next 160 years.