In an earlier statement, NASDAQ OMX offered its unequivocal support of H.R. 3606 "Reopening American Capital Markets to Emerging Growth Companies Act of 2011."
Upon the adjournment of the House Financial Services Committee meeting today, Bruce Aust, Executive Vice President of NASDAQ OMX's Global Corporate Client Group, said:
"NASDAQ OMX commends the work of the IPO Task Force and the efforts of the National Venture Capital Association in developing this well crafted legislation. We congratulate the House Financial Services Committee for favorably reporting out H.R. 3606, and we look forward to it passing the House of Representatives in the coming weeks. We hope to see this legislation is signed into law this year to improve the quality of our markets and help public companies create more jobs."