Stock exchange, the Longterm Stock Exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are a
Platform. Some republicans on the Committee Also skeptical of facebook plans. The chairman of the committee saying he applauds facebook for trying to utilize their platform to serve underserved communities in the Digital Currency platform. The bottom line comes following a host of different hearings scheduled for this week. David marcus will testify before the House Financial Services committee tomorrow. Lets not forget Steven Mnuchin yesterday at the white house raising concerns the administration has with regards to the Digital Currency field. David before that we had chair powell from the fed raising concerns last week. ,f you were mr. Marcus listening to everything you are hearing from the senate, would you walk away having a better sense of what congress once from him . Kevin that is a great question. The short answer would be no. In talking with the Internet Community and the lobbying groups in washington, d. C. , as sympathizerschain who believe this is the future, they make tha
Receive american text. That going is backed, topping 13,000 and bringing its games t gains to 40 . It is 2017 all over again. Shery lets get a quick check of how markets closed wednesday session in the u. S. Equity markets started the session higher, but most momentum in the afternoon. The s p 500 looks awaiting between gains and losses. Th s p 500e fell for a fourth consecutive session. Still the tech sector was strong. Chipmakers leaving the gains leading the gains. A philadelphia chipmaker closing at the highest level in more than a month. 1 ,nasdaq gaining 3 10 of despite the fact that President Trump said at one point the u. S. Will one day sue google and facebook. U. S. Futures at the moment not doing much. Lets see how markets are shaping up in asia. Sophie we could see another lackluster day in the making with the regional benchmark for another session. This thursdayont, we have Chinese Industrial profits and japanese retail sales. In the tech space, japan with a few news lines
Stock exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st centu
Stock exchange looking to shake things up in the stock market by making investors and managers focus on companies longterm interests. Joining me is the founder and ceo, eric reese. Eric, its good to have you on the program. Thanks so much for being here. Thanks, happy fourth. Maria i want to talk about the longterm nature, but first, youve got some news. Tell us about the filing that the company made. Yes. So we were approved as a National Securities exchange on may 10th, and now were making our first in a series of filings that are the actual standards, the principles that companies have to comply with in order to be on our exchange. Maria lets talk about that in terms of the Ownership Structure of the company, which is what a lot of people want to better understand. Sure. So at this stage were talking about the disclosures that companies will be required to make that show how theyre in compliance with these principles. The principles are things that are aligned with what a 21st centu