NEW YORK, June 17, 2009 (GLOBE NEWSWIRE) -- Bob Greifeld, Chief Executive Officer of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) commented, "The administration has been diligent and comprehensive in its approach to financial regulatory reform. With the complexity and interconnectedness of markets today, the Administration has recognized that details matter and global cooperation matters. The proposal affirms important principles to protect the American investing public while offering pragmatic solutions for updating and improving our financial system.
"We strongly support the Administration's dedication to embracing full transparency in the Over-the-Counter markets. NASDAQ OMX believes in better, smarter regulation as opposed to more regulation, and we look forward to the Administrations' efforts to reconcile regulatory gaps and redundancy in financial regulation."
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 over 3,800 listed companies. NASDAQ OMX Group 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 ETFs. NASDAQ OMX Group 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 Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com.
CONTACT: The NASDAQ OMX Group, Inc. Bethany Sherman +1 212 401 8714 Bethany.Sherman@NASDAQOMX.com Silvia Davi +1 646 441 5014 Silvia.Davi@NASDAQOMX.com
In This StoryNDAQ
Nasdaq Press Center
Read the latest press releases, request a press kit, and get in touch with our press team.