MMI FFT Study - Impact on Pension Funds

Senator Bernie Sanders has proposed what is known as a Financial Transaction Tax (FTT) on every share of stock traded. This tax would result in a massive new fee for pension funds – amounting to billions of dollars each year in extra costs. Modern Markets Initiative strongly opposes this proposed FTT. Read more about how this tax affects pension funds and university endowments in
op-eds by CEO Kirsten Wegner. The following report on the FTT provides an in-depth, extended look into what this tax really means for pension funds and all investors.


Read the MMI Study:


Read OpEds from MMI regarding the impact of FFT on Pension Funds and University Endowments:

MMI Comment Letter to SEC on Market Data


Read the comment letter:

MMI Industry Comment Letters on IP Protection of Source Code

What is Source Code?