Regarding H.R. 3606 "Reopening American Capital Markets to Emerging Growth Companies Act of 2011," Bruce Aust, Executive V.P. of NASDAQ OMX (Nasdaq:NDAQ), Global Client Group, provides the following statement:
"NASDAQ OMX applauds the bipartisan cooperation that advanced H.R. 3606 to passage this afternoon in the House. We urge leaders in the United States Senate to follow suit with timely passage of the very similar Schumer-Toomey bill, S. 1933, in the days ahead. This legislation is badly needed to reaffirm the American economy's place in the global capital markets as the best destination for innovative companies to grow and create jobs."