Rival investors seek to stop Chinese takeover of Chicago Stock Exchange

A group of U.S. investors hoping to buy the Chicago Stock Exchange is lobbying Congress to torpedo a rival, Chinese-backed acquisition proposal that is stalled at the Securities and Exchange Commission. Lobbyists representing “Exchange Capital LLC,” a special-purpose entity for a private-equity investor group, said they helped generate a Sept. 26 letter led by Rep. Robert Pittenger (R-N.C.) to the SEC raising "serious concerns" over the CHX acquisition.-- More...