Hearings
Print

The Role of Regulation in Shaping Equity Market Structure and Electronic Trading

Tuesday, July 8, 2014
10:00 AM - 12:00 PM
538 Dirksen Senate Office Building

[view archive webcast]

COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS

will meet in OPEN SESSION to conduct a hearing entitled “The Role of Regulation in Shaping Equity Market Structure and Electronic Trading.” The witnesses on Panel I will be: Mr. Jeffrey Sprecher, Founder, Chairman and Chief Executive Officer, Intercontinental Exchange, Inc.; Mr. Kenneth Griffin, Founder and Chief Executive Officer, Citadel LLC; Mr. Kevin Cronin, Global Head of Trading, Invesco, Ltd; Dr. James Angel, Associate Professor of Finance, Georgetown University McDonough School of Business. The witnesses on Panel II will be: Mr. Thomas Wittman, Executive Vice President, Global Head of Equities, The NASDAX OMX Group, Inc.; Mr. Joe Ratterman, Chairman, President and Chief Executive Officer, BATS Global Markets, Inc. Additional witnesses may be announced at a later date.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Witnesses

Panel 1

  • Mr. Jeffrey Sprecher [view testimony]
    Founder, Chairman and Chief Executive Officer
    Intercontinental Exchange, Inc.
  • Mr. Kenneth Griffin [view testimony]
    Founder and Chief Executive Officer
    Citadel LLC
  • Mr. Kevin Cronin [view testimony]
    Global Head of Trading
    Invesco, Ltd
  • Dr. James Angel [view testimony]
    Associate Professor of Finance
    Georgetown University McDonough School of Business

Panel 2

  • Mr. Thomas Wittman [view testimony]
    Executive Vice President, Global Head of Equities
    The NASDAQ OMX Group, Inc.
  • Mr. Joe Ratterman [view testimony]
    Chief Executive Officer
    BATS Global Markets, Inc.
  • Mr. David Lauer [view testimony]
    President and Managing Partner
    KOR Group LLC

2014 Hearings

2014

September 23rd Nomination Hearing
10:00 AM - 12:00 PM
September 18th Assessing and Enhancing Protections in Consumer Financial Services
538 Dirksen Senate Office Building
11:00 AM - 1:00 PM
September 17th Who is the Economy Working For? The Impact of Rising Inequality on the American Economy
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
September 16th Examining the State of Small Depository Institutions
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
September 16th Nominations of Ms. Lourdes Maria Castro Ramirez, of California, to be an Assistant Secretary of Housing and Urban Development; and Ms. Therese W. McMillan, of California, to be Federal Transit Administrator, U.S. Department of Transportation.
10:00 AM
September 9th Wall Street Reform: Assessing and Enhancing the Financial Regulatory System
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
July 31st Examining the GAO Report on Expectations of Government Support for Bank Holding Companies
538 Dirksen Senate Office Building
2:00 PM - 4:00 PM
July 31st Financial Products for Students: Issues and Challenges
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
July 30th The Flood Insurance Claims Process in Communities After Sandy: Lessons Learned and Potential Improvements
538 Dirksen Senate Office Building
9:45 AM - 12:00 PM
July 24th Examining the GAO Report on Expectations of Government Support for Bank Holding Companies
538 Dirksen Senate Office Building
2:00 PM - 4:00 PM
July 22nd Building Economically Resilient Communities: Local and Regional Approaches
538 Dirksen Senate Office Building
3:00 PM - 5:00 PM
July 16th What Makes a Bank Systemically Important?
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
July 15th The Semiannual Monetary Policy Report to the Congress
106 Dirksen Senate Office Building
10:00 AM - 12:00 PM
July 8th The Role of Regulation in Shaping Equity Market Structure and Electronic Trading
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
June 25th Dreams Deferred: Young Workers and Recent Graduates in the U.S. Economy
538 Dirksen Senate Office Building
3:30 PM - 5:30 PM
June 25th EXECUTIVE SESSION to Vote on Nominations, and The Financial Stability Oversight Council Annual Report to Congress
216 Hart Senate Office Building, room 216
10:00 AM - 12:00 PM
June 18th High Frequency Trading’s Impact on the Economy
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
June 17th Nomination Hearing
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
June 10th The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress
538 Dirksen Senate Office Building
10:15 AM - 12:15 PM
June 4th Student Loan Servicing: The Borrower’s Experience
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
June 3rd EXECUTIVE SESSION to consider S. 2244, the Terrorism Risk Insurance Program Reauthorization Act of 2014
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
May 22nd Bringing Our Transit Infrastructure to a State of Good Repair
538 Dirksen Senate Office Building
9:30 AM - 11:30 AM
May 15th EXECUTIVE SESSION to consider S. 1217, Housing Finance Reform and Taxpayer Protection Act of 2013.
538 Dirksen Senate Office Building
10:00 AM
May 7th Drivers of Job Creation
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
April 29th EXECUTIVE SESSION to Vote on Nominations and to consider S. 1217, Housing Finance Reform and Taxpayer Protection Act of 2013
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
April 8th Nomination Hearing
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 26th Are Alternative Financial Products Serving Consumers?
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 13th RESCHEDULED: Nomination Hearing
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 12th The State of U.S. Retirement Security: Can the Middle Class Afford to Retire?
538 Dirksen Senate Office Building
2:30 PM - 4:30 PM
March 12th Superstorm Sandy Recovery: Ensuring Strong Coordination among Federal, State, and Local Stakeholders
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 11th Finding the Right Capital Regulations for Insurers
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
March 6th MAP-21 Reauthorization: The Federal Role and Current Challenges to Public Transportation
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 27th RESCHEDULED: The Semiannual Monetary Policy Report to the Congress
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 25th Reauthorizing TRIA: The State of the Terrorism Risk Insurance Market, Part II
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 13th POSTPONED: The Semiannual Monetary Policy Report to the Congress
538 Dirksen Senate Office Building
10:30 AM - 12:30 PM
February 6th Oversight of Financial Stability and Data Security
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 6th EXECUTIVE SESSION to Vote on Nominations
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
February 3rd Safeguarding Consumers’ Financial Data
538 Dirksen Senate Office Building
3:00 PM - 5:00 PM
January 29th The Annual Report and Oversight of the Office of Financial Research
538 Dirksen Senate Office Building
3:30 PM - 5:30 PM
January 28th Oversight and Reauthorization of the Export-Import Bank of the United States
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
January 16th Progress Report on Public Transportation Under MAP-21
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM
January 15th Regulating Financial Holding Companies and Physical Commodities
538 Dirksen Senate Office Building
2:00 PM - 4:00 PM
January 8th Examining the GAO Report on Government Support for Bank Holding Companies
538 Dirksen Senate Office Building
10:00 AM - 12:00 PM