NYMEX Issues Statement
08 Abril 2008 - 1:59PM
PR Newswire (US)
NEW YORK, April 8, 2008 /PRNewswire-FirstCall/ -- NYMEX today
issued the following statement in response to the investigation
results announced today by the New York County District Attorney
and Commodity Futures Trading Commission (CFTC): NYMEX President
and Chief Executive Officer James E. Newsome said, "NYMEX is very
grateful to District Attorney Robert Morganthau and the CFTC for
their diligent work in investigating these matters. Today's action
should serve as an unmistakable notice to our market participants
that NYMEX will not hesitate to work with law enforcement
authorities, or take whatever steps are otherwise necessary, to
protect the integrity of our markets." Forward Looking and
Cautionary Statements This press release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act, with respect to our future
performance, operating results, strategy, and other future events.
Such statements generally include words such as could, can,
anticipate, believe, expect, seek, pursue, and similar words and
terms, in connection with any discussion of future results.
Forward-looking statements involve a number of assumptions, risks,
and uncertainties, any of which may cause actual results to differ
materially from the anticipated, estimated, or projected results
referenced in forward-looking statements. In particular, the
forward-looking statements of NYMEX Holdings, Inc., and its
subsidiaries are subject to the following risks and uncertainties:
the success and timing of new futures contracts and products;
changes in political, economic, or industry conditions; the
unfavorable resolution of material legal proceedings; the impact
and timing of technological changes and the adequacy of
intellectual property protection; the impact of legislative and
regulatory actions, including without limitation, actions by the
Commodity Futures Trading Commission; and terrorist activities and
international hostilities, which may affect the general economy as
well as oil and other commodity markets. We assume no obligation to
update or supplement our forward-looking statements. DATASOURCE:
NYMEX Holdings, Inc. CONTACT: Anu Ahluwalia, +1-212-299-2439 or
Keil Decker, +1-212-299-2209, both of NYMEX Holdings, Inc. Web
site: http://www.nymex.com/
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