News Release

Statement of NASD Chairman and CEO Mary Schapiro Regarding the Passing of Gordon S. Macklin, Former NASD President and NASDAQ Founder

"All of us at NASD are greatly saddened by the passing of Gordon S. Macklin, who served as President of NASD for 17 years (1970-1987) and who founded NASDAQ in 1971 and served as its first President (1975-1987). Gordon was a man of great ability and energy whose years of leadership were characterized by tremendous innovation and a creative vision of the future of financial markets. NASD honored Gordon in 1987, dedicating its Rockville, MD, operations center to him and naming it the Gordon S. Macklin Building. Among his many legacies will be the inspiration for generations of NASD colleagues to embrace the uncertainties of the future as opportunities for innovation and growth."

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