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SIFMA today issued the following statement from Andy Blocker, executive vice president, public policy and advocacy, on the passage of the National Securities Exchange Regulatory Parity Act (H.R. 5421) by the House of Representatives:
“We applaud the House of Representatives for passage of the National Securities Exchange Regulatory Parity Act and recognize Congressman Royce for his leadership in moving forward this important legislation to address outdated securities laws. This common-sense legislation would extend the ‘blue sky’ securities exemption on a consistent basis across all registered exchanges and facilitate additional listing venues. Increasing the number of listing venues will increase the ability for companies to tap into our nation’s capital markets, go public, expand and create jobs. We encourage the Senate to swiftly consider this legislation.”
