Comment Letter – Senate Banking on Capital Formation

STA letter to Senator Tim Johnson, then Chairman of the

Committee on Banking, House and Urban Affairs; dated March 20, 2012:


“We believe both market makers and other liquidity providers dampen market volatility to the benefit of the marketplace and investor confidence. While we are not advocating a return to the past, we do believe in the benefits of enhanced liquidity and regulators need to find a modern way to incentivize its existence”

full letter here

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