Exchange-operator CME Group Inc. (CME) suspended MF Global Inc. from CME's clearing house in connection with the Securities Investor Protection Corp. investigation of the troubled brokerage and clearing firm.

MF Global Inc had filed for Chapter 11 bankruptcy protection earlier Monday.

The president of CME's clearing house said in an email MF Global is "deemed insolvent and is automatically suspended as a clearing member."

-By Tatyana Shumsky, Dow Jones Newswires. 212 416 3095, tatyana.shumsky@dowjones.com

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