Comment Letter to SEC Responding to Concept Release on Equity Market Structure

May 07, 2010

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From: MFA, Stuart Kaswell

To:

Elizabeth Murphy, SEC
Mary Schapiro, Kathleen Casey, Elisse Walter, Luis Aguilar, Troy Paredes, Robert Cook, James Brigagliano, David Shillman

MFA submitted a letter to the SEC in response to its request for comments on its Equity Market Structure Concept Release. As a result of market structure changes, many aspects of our equity marketsspreads, fees, execution speed, efficiency, and pricing transparency/reliabilityhave steadily and drastically improved over the last several years to the benefit of investors. MFA also recognizes that the regulations and technological and market innovations, in reshaping the equity market structure, raise new regulatory concerns that the Commission should evaluate. MFA supports the Commissions efforts to review our rapidly developing market structure and to collect data to assist in its evaluation.

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