Statement From NASDAQ OMX Group CEO On The Obama Administration's Proposed U.S. Regulatory Reforms

Bob Greifeld, Chief Executive Officer of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) commented, "The administration has been diligent and comprehensive in its approach to financial regulatory reform. With the complexity and interconnectedness of markets today, the Administration has recognized that details matter and global cooperation matters. The proposal affirms important principles to protect the American investing public while offering pragmatic solutions for updating and improving our financial system.

"We strongly support the Administration's dedication to embracing full transparency in the Over-the-Counter markets. NASDAQ OMX believes in better, smarter regulation as opposed to more regulation, and we look forward to the Administrations' efforts to reconcile regulatory gaps and redundancy in financial regulation."