SPEAKER INDEX    CONTENTS   INSERTS   
BACHUS           8      9     31     32     33     34     35     93     94  
                96     97     98  
BAKER            1      5      7      8      9     10     16     19     20  
                21     29     31     35     39     42     44     45     48  
                50     51     52     53     85     89     92     93     98  
               102    103    104    106    108    109  
BIGGERT         51     53     57     58     61     62     64     67     71  
                74     77     78     79     80  
CASTLE          51     52  
COFFEE          74     78     79     84     91  
COLKER          71     82     85    103  
FRANK            7     29  
FRUCHER         67     80     81     83     88     89     95     96    103  
               104    109  
GLASSMAN        61     62     77     85     86    108  
GONZALEZ        35     39  
GREIFELD        53     57     81     87     88     90     96     97     98  
                99    101    102    108  
HART            39     40     41     42  
HINOJOSA        42     43     45  
ISRAEL           9  
KANJORSKI        3     20     21     80     81     82     85  
KELLY           45     47     48  
LACKRITZ        58     83    106  
LEACH           98    100    101  
MEEKS           89     91     92  
OXLEY            6     21     22     25     28  
PUTNAM          64     79     80     83     85     90     93     94  
REED            11     17     19     20     22     23     26     29     30  
                31     32     33     34     35     36     39     40     41  
                42     43     44     46     47     48     49     50     52  
                53  
ROYCE            9  
SHAYS           52     85     86     87     88     89  
SHERMAN         29     30     31  
TIBERI          48     50  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF JOHN REED, INTERIM CHAIRMAN AND CHIEF EXECUTIVE OFFICER, NEW YORK STOCK EXCHANGE, INC.
                                                                 PAGE    11

STATEMENT OF ROBERT GREIFELD, PRESIDENT AND CHIEF EXECUTIVE OFFICER, THE NASDAQ STOCK MARKET, INC.
                                                                 PAGE    53

STATEMENT OF MARC LACKRITZ, PRESIDENT, SECURITIES INDUSTRY ASSOCIATION
                                                                 PAGE    58

STATEMENT OF JAMES GLASSMAN, RESIDENT FELLOW, AMERICAN ENTERPRISE INSTITUTE
                                                                 PAGE    61

STATEMENT OF GERALD DEAN PUTNAM, CHAIRMAN AND CHIEF EXECUTIVE OFFICER, ARCHIPELAGO HOLDINGS
                                                                 PAGE    64

STATEMENT OF MEYER ''SANDY'' FRUCHER, CHAIRMAN AND CHIEF EXECUTIVE OFFICER, PHILADELPHIA STOCK 
EXCHANGE
                                                                 PAGE    67

STATEMENT OF DAVID COLKER, PRESIDENT AND CHIEF EXECUTIVE OFFICER, CINCINNATI STOCK EXCHANGE
                                                                 PAGE    71

STATEMENT OF JOHN COFFEE, JR., PROFESSOR, COLUMBIA UNIVERSITY SCHOOL OF LAW
                                                                 PAGE    74


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING