press center press release

New York City Comptroller Liu to Ring The NASDAQ Stock Market Closing Bell

Published

ADVISORY, May 3, 2010 (GLOBE NEWSWIRE) --

What:

John C. Liu, New York City Comptroller, will visit the NASDAQ MarketSite in New York City's Times Square.

In honor of the occasion, John C. Liu and his leadership team will preside over the NASDAQ Closing Bell.

When:

Tuesday, May 4th, 2010 at 3:45 p.m. to 4:00 p.m. ET     

Contacts:

Sharon Lee

212-669-3747

press@comptroller.nyc.gov

NASDAQ MarketSite:

Robert Madden  

(646) 441-5045

Robert.Madden@NASDAQOMX.com

Feed Information:

The Closing Bell is available from 3:50 p.m. to 4:05 p.m. on AMC-3/C-3 (ul 5985V; dl 3760H). The feed can also be found on Ascent fiber 1623. If you have any questions, please contact Robert Madden at (646) 441-5045.

Radio Feed:

An audio transmission of the Closing Bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Ascent fiber 1623 as well.

Facebook and Twitter:

For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies please visit our Facebook page at:

http://www.facebook.com/pages/NASDAQ-OMX/108167527653

For news tweets, please visit our Twitter page at:

http://twitter.com/nasdaqomx

Webcast:

A live webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx

Photos:

To obtain a high-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About John C. Liu:

The Honorable John C. Liu was sworn into office as the 43rd Comptroller of the City of New York on January 1, 2010.

As the City's Chief Financial Officer, John Liu has focused the first months as Comptroller on sharpening the tools of the Comptroller's Office to make government more efficient and accountable to the people it serves. 

To root out waste and inefficiencies, John Liu restructured the office and elevated the audit functions as its own department to be the most aggressive and active in recent memory. 

To maximize pension investments for the 700,000 hard-working New Yorkers and retirees, John Liu has proposed far-reaching reforms to the New York City Pension Funds to eliminate pay-to-play and to ensure both best practices and the highest integrity in the investment-making process.

To ensure that corporate contributions are aligned with shareholder interests, he successfully negotiated with Bank of America to disclose and publish its political expenditures online.

To strengthen government accountability, John Liu launched "My Money NYC," a powerful online tool to provide unparalleled access to the City's finances.

To secure capital funds for public schools, John Liu successfully argued for a 100% subsidy rate for Qualified School Construction Bonds which will serve as a zero-interest financing tool for the construction, repair and rehabilitation of New York City public schools.

To examine publicly-subsidized economic development, John Liu launched a Task Force to draft a framework on a more effective and equitable process to guide such development in New York City.

To ensure equal opportunities and to eliminate significant disparities in government contracting opportunities for minority- and women-owned business enterprises, John Liu has undertaken a thorough review of City agencies' performance under Local Law 129.

Previously, John Liu served in the New York City Council, representing District 20 in Queens and served as Chair of the Council's Transportation Committee. Prior to joining the City Council, John Liu managed a team of actuaries working on the largest pension plans in the country.

Hailed as a "Trailblazer" and "Pioneer", John Liu's historic elections as the first Asian American elected in New York City – both to legislative office in 2001 and citywide in 2009 – were marked milestones for Asian Americans in New York and across the nation. Although he wishes Asian Americans had been elected long before in New York, he is honored to be the first. He embraces the responsibilities and opportunities that come with the distinction to broaden representation and access to government.

John Liu immigrated to New York at the age of five. He is a proud product of New York City public schools beginning with kindergarten at P.S. 20 in Queens through to the Bronx High School of Science. He went on to Binghamton University, where he earned his degree in Mathematical Physics. He lives in Flushing, Queens with his wife, Jenny, and their son, Joseph.

About NASDAQ OMX:

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with approximately 3,700 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. *Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).

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