The Commodity Futures Trading Commission reiterated Wednesday that CME Group Inc. (CME) needs to add more compliance staff to oversee its commodity exchanges.

"The compliance staff dedicated to the exchange was unchanged since the division's last review, despite a significant increase in trading volume and products traded," the CFTC said in a statement.

The CFTC made the same recommendation a year ago during its routine rule-enforcement review of the Chicago Mercantile Exchange and the Chicago Board of Trade.

This current review looked at trading in 2009 at the New York Mercantile Exchange and the Commodity Exchange, which both merged with CME in 2008. Each exchange maintains independent exchange status, but both are policed by one central compliance department at the CME.

The CFTC's Division of Market Oversight recommended that CME add compliance staff because of an increase in trading volume as well as types of products traded.

CME had done a good job of harmonizing trading rules at its four exchanges, the commission added.

The CFTC also recommended that CME issue disciplinary decisions promptly after a hearing and better document those decisions. The commission also urged CME to impose "meaningful" sanctions on members to discourage repeat offenses.

-By Jamila Trindle, Dow Jones Newswires; 202-862-6684; jamila.trindle@dowjones.com

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