The Chicago Board Options Exchange sees no need for a merger and is happily solo, CBOE Holdings Inc CEO William Brodsky said on Monday.

Brodsky, speaking on the sidelines of a conference, also confirmed that the SEC is investigating CBOE's compliance with its obligations as a self-regulatory organization. He added that the SEC has ramped up its oversight of self-regulatory organizations in many ways.

(Reporting By Angela Moon; writing by Burton Frierson)

(Corrects dateline to BONITA SPRINGS, Florida)