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October 20, 2015

Better Markets Applauds the Nomination of Lisa Fairfax to Serve as a Commissioner on the Securities and Exchange Commission

FOR IMMEDIATE RELEASE 
Tuesday, October 20, 2015
Contact: Jeff Gohringer, 202-618-6430 or jgohringer@bettermarkets.com

Better Markets Applauds the Nomination of Lisa Fairfax to Serve as a Commissioner on the Securities and Exchange Commission

Washington, DC — Better Markets President and CEO Dennis Kelleher issued this statement on President Obama’s nomination of Lisa Fairfax to serve as a Commissioner on the Securities and Exchange Commission (SEC):

“We applaud President Obama for nominating law professor Lisa Fairfax to be a Commissioner on the Securities and Exchange Commission. As the American people’s cop on the Wall Street beat, the SEC must prioritize investor protection and market integrity, not incumbent market participants’ preferences, profits and business models. As important, the SEC has to ramp up its enforcement program at the biggest, most dangerous securities firms and restore the rule of law and accountability on Wall Street. By nominating Lisa Fairfax to serve on the SEC, President Obama has wisely chosen a substantive expert who understands the mission and importance of the agency. That’s exactly what the SEC needs as it works to restore investor and public confidence in our securities markets.”

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Better Markets is a non-profit, non-partisan, and independent organization founded in the wake of the 2008 financial crisis to promote the public interest in the financial markets, support the financial reform of Wall Street and make our financial system work for all Americans again. Better Markets works with allies – including many in finance – to promote pro-market, pro-business and pro-growth policies that help build a stronger, safer financial system that protects and promotes Americans’ jobs, savings, retirements and more. To learn more, visit www.bettermarkets.com.

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