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NASDAQ OMX Issues Statement On Border Security, Economic Opportunity, And Immigration Modernization Act Of 2013

Date 17/04/2013

Regarding the Senate's Gang of Eight comprehensive immigration bill released yesterday - Border Security, Economic Opportunity, and Immigration Modernization Act of 2013 - NASDAQ OMX issued the following statement:

"NASDAQ OMX congratulates the Senate Gang of Eight for their dedication and bipartisan collaboration on comprehensive immigration reform," said Bob Greifeld, Chief Executive Officer, NASDAQ OMX. "Historically, more than half of our nation's new technology startups have been founded by foreign-born owners, including many of NASDAQ's most innovative and game-changing companies. The Gang of Eight's commitment to increasing H1B and Green Card numbers as well as the addition of a STEM fund are encouraging steps toward comprehensive immigration reform, all of which will have significant benefits to the American economy and the global competitiveness of our nation."

"I have personally been a strong advocate on immigration issues as they impact our markets, job creation, and the innovative drive behind many of our companies. NASDAQ OMX is proud to continue our work with the Senate Gang of Eight and the New York Congressional Delegation, in particular Senator Chuck Schumer, to define a legislative agenda that drives economic growth, supports the development of U.S. companies and facilitates innovation and competitiveness in all of its forms."