The two founding members of the Equity Markets Association urged key congressional leaders to oppose legislation that would add non-Self-Regulatory Organizations as voting members of National Market Systems plans.
The Equity Markets Association was established in 2015 to provide federal policymakers, regulators and investors with in-depth analysis on important issues that impact the U.S. equity markets. Its founders, Intercontinental Exchange, Inc. and NASDAQ, wrote to House Financial Services Committee Chairman Jeb Hensarling and Rep. Maxine Waters, the top Democrat on the committee, about legislation that would change how NMS plans operate.
Also signing the letter were the Chicago Board Options Exchange, Inc., the Chicago Stock Exchange, Inc., the International Securities Exchange, Inc., and the Options Clearing Corporation.