News Release

Statement of NASD Chairman and CEO Robert R. Glauber Regarding the Resignation of SEC Chairman William H. Donaldson

"Chairman William Donaldson has worked for the last two years to meet the challenges of rebuilding investor confidence in the integrity of the markets by moving aggressively on a number of fronts, including corporate governance crises, mutual fund scandals, hedge fund controversies and other tough issues. We at NASD appreciate his dedication and professionalism, and we have enjoyed working with Chairman Donaldson to achieve our shared goals of ensuring market integrity and restoring investor confidence."

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