Regarding H.R. 3606 "Reopening American Capital Markets to Emerging Growth Companies Act of 2011," NASDAQ OMX Executive Vice President of Global Corporate Client Group Bruce Aust provides the following statement:
"NASDAQ OMX offers its unequivocal support of H.R. 3606. We are proud to be the home of many great companies that started out as smaller companies and subsequently experienced high growth on our market. NASDAQ is engaged in starting the BX Venture Market that is designed to provide the environment where early stage, high growth companies can thrive.
"This legislation will enhance the opportunities for these companies to become public companies, and eliminate regulatory obstacles that do not serve investors or the public. In the end, the U.S. economy will benefit and more jobs will be created in this country."