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Email Steven Lofchie, a partner and co-chair of the firm’s Financial Services Group, participated as a witness at a House Committee on Financial Services hearing entitled "Equity Market Structure: A Review of SEC Regulation NMS." Fully implemented in 2007, some market participants have identified Reg. NMS as a potential source of market complexity, dislocation and disruption. https://www.cadwalader.com/news/news-release/cadwalader-partner-steven-lofchie-testifies-on-reg-nms-before-house-committee-on-financial-services