NASDAQ

Nunes went on to ask NASDAQ’s CEO to “advise what steps you can take to foster transparency and compliance.”

One could, for example, look at water like a speculator, someone playing the odds in California water rights derivatives — a thriving trade now on the NASDAQ.

A spokesperson from NASDAQ, which ranks second behind only the New York Stock Exchange in the market capitalization of the companies on its trading board, declined to comment on the lawsuit.

There are some 4,000 companies traded on Wall Street through the New York Stock Exchange or NASDAQ.

In 1971, NASDAQ, the world’s first electronic stock exchange, held its first trading day.