NYSE Euronext Statement on Jobs Act Final Passage into Law
05 Aprile 2012 - 9:08PM
Business Wire
NYSE Euronext (NYX) commends President Obama for signing the
Jobs Act into law today and applauds our policymakers in Washington
on their bipartisan efforts on this very significant bill. This
legislation will facilitate capital formation and help innovative,
emerging companies access the capital they need to grow and create
jobs.
“I was pleased to join President Obama at the White House today
as he signed this important measure into law,” said Duncan L.
Niederauer, Chief Executive Officer, NYSE Euronext. “We believe
exchanges have a responsibility to help small companies grow by
providing entrepreneurs with a source of capital. Good public
policy, such as the Jobs Act, ensures that entrepreneurs and small
businesses have access to the capital they need to expand and
thrive.”
NYSE Euronext also applauds the efforts of the IPO Task Force
and the National Venture Capital Association (NVCA) and their
leadership on these critical issues and congratulates them on this
exciting milestone. The company was proud to serve as a resource
for these organizations in moving this legislation forward.
“We are honored that the President has signed into law a set of
changes to improve access to capital for America's emerging growth
companies,” said Kate Mitchell, chair of the IPO Task Force and
Managing Director with Scale Venture Partners. “We are grateful for
the tireless efforts of NYSE Euronext who understood early on that
making the IPO process more attainable to emerging growth companies
can have a profound impact on the US economy. The Jobs Act does
precisely that and I am proud to have worked with them to see this
legislation become law.”
An op-ed from NYSE Euronext on this topic was recently published
in Fortune Magazine. To read the full op-ed, please click here.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
approximately 8,000 listed issues (excluding European Structured
Products), NYSE Euronext's equities markets – the New York Stock
Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE Arca –
represent one-third of the world's equities trading, the most
liquidity of any global exchange group. NYSE Euronext also operates
NYSE Liffe, one of the leading European derivatives businesses and
the world's second-largest derivatives business by value of
trading. The company offers comprehensive commercial technology,
connectivity and market data products and services through NYSE
Technologies. NYSE Euronext is in the S&P 500 index, and is the
only exchange operator in the Fortune 500. For more information,
please visit: http://www.nyx.com.
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