Gary Katz President And Chief Executive Officer Of The International Securities Exchange To Appear Before U.S. Department Of Labor To Discuss The Proposed Conflict Of Interest Rule

Gary Katz, President and Chief Executive Officer of the International Securities Exchange, tomorrow will participate in a public hearing hosted by the U.S. Department of Labor to collect feedback on the agency’s proposed Conflict of Interest Rule. Mr. Katz will deliver remarks on behalf of the U.S. Securities Market Coalition, which represents the twelve U.S. options exchanges and OCC (The Options Clearing Corporation). The Coalition previously submitted a comment letter on the proposed rule, which is available here.

"We are grateful to the U.S. Department of Labor for providing our industry with this important opportunity to discuss the treatment of listed options in the proposal and ways to ensure that individual investors can continue to use the options product in their retirement accounts,” Mr. Katz said.  

Mr. Katz’s panel will convene at 1:15 p.m. on August 13 and can be viewed via live stream at www.dol.gov/live.