EDA Applauds the Treasury Department’s Equity Market Structure and Research Recommendations

 

The Chief Executive Officer of the Equity Dealers of America, Chris Iacovella, released the following statement today about the “U.S. Treasury Department’s Second Report on The Administration’s Core Principles Of Financial Regulation, which focused on Capital Formation”:

“The EDA strongly supports the recommendations in the Treasury report. We believe they are necessary to help small businesses. The current equity market structure does not work for small and mid-size companies. Now is the time to fix the current market structure and improve the research paradigm to make sure that the U.S. equity markets works for every company, not just the largest ones. We urge the SEC to ignore the vested interests whose business models depend on Reg NMS, and to do what’s best for economic growth in this country.”

EDA- Statement on Treasury Report on Capital Markets