Duncan Niederauer Statement on Obama Administration's Proposal to Overhaul the U.S. Financial Regulatory Structure
17 Giugno 2009 - 3:25PM
Business Wire
"We applaud the Obama Administration's proposal to overhaul the
financial regulatory structure as a critical step toward restoring
trust in capital markets. Regulatory reform must protect investors,
close regulatory gaps and enhance market transparency, while at the
same time continuing to encourage the spirit of innovation that has
fueled decades of economic growth, produced new products and
services and created jobs. Our regulatory system is vastly
outdated, and we are encouraged by the Administration's enthusiasm
for reform and welcome the opportunity to contribute to this truly
important initiative."
-- Duncan L. Niederauer, Chief Executive Officer, NYSE
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