Sen. Rod Grams, R-Minn., chairman of the Subcommittee on Securities, has announced an oversight hearing on competition and transparency in the financial marketplace. The hearing continues the examination of the regulatory and structural environment for the changing securities markets and will include comment on the New York Stock Exchange's recently released market structure report.

"A strong economy, new investors and major technological advances have dramatically altered both the nature of competition and the potential need for new regulation of securities markets," Grams said. "It is our intent during these hearings to have all segments of the securities industry represented."

WHAT:

Securities Subcommittee: Competition and Transparency in the Financial Marketplace

WHEN:

10:00 a.m., Wednesday, April 26

WHERE:

Room 538 Dirksen Senate Building

WHO:

Mr. Richard Grasso
Chairman and CEO
New York Stock Exchange

Mr. Kenneth Pasternak
Chairman and CEO
Knight Securities LLP

Mr. Antonio Cecin
Senior Managing Director and Head of Equity Trading
US Bancorp Piper Jaffray

Mr. David Colker
President and COO
Cincinnati Stock Exchange

Mr. Harold Bradley
Senior Vice President
American Century Companies

Mr. John Bachmann
Managing Director
Edward Jones Investments