Trade Associations Express Support for Keeping U.S. Financial Markets Open; Issue Joint Statement

A group of financial markets trade associations expressed support for keeping the U.S. financial markets open during the COVID-19 pandemic.

The joint statement emphasizes the "critical infrastructure" that the financial markets provide for the United States and, in addition, noted that despite the volatility caused by COVID-19, the markets continue to function.

The group consisted of the Managed Funds Association ("MFA"), the U.S. Chamber of Commerce, SIFMA, the American Bankers Association, the American Cotton Shippers Association, the Bank Policy Institute, Cboe Global Markets, Inc., CME Group, Commodity Markets Council, FIA, the Financial Services Forum, the Institute of International Finance, ISDA, the Investment Company Institute, Nasdaq, the Alternative Investment Management Association, and the World Federation of Exchanges.