Governor Greg Abbott has congratulated the Texas Stock Exchange (TXSE) following its approval by the U.S. Securities and Exchange Commission (SEC) to operate as a national securities exchange.
"Texas is swiftly becoming America's financial hub," said Governor Abbott. "I congratulate the Texas Stock Exchange for the launch of Texas' own trading platform that will spur economic development and expand the financial might of our great state around the world. Working together, we will make Texas stronger and more prosperous than ever before.”
The SEC's approval allows TXSE to begin operations as a national securities exchange, which is expected to support further economic growth in Texas. Last year, Governor Abbott marked both TXSE's progress and other major economic achievements for the state during a press conference at the Governor’s Mansion in Austin.