| Chairman of the Working Group |
| United Kingdom | Jeffrey R. Knight International Stock Exchange |
| Other Members (in alphabetical order) |
| France | Didier Davydoff Patrick Mordacq Commissions des Operations de Bourse |
| Japan | Nobuchika Mori Shigeki Morinobu Hiroshi Toyoda Ministry of Finance |
| United Kingdom | Jane Coakley Patricia Jackson Andrew J Thrall Securities and Investments Board
Rocky Petre International Stock Exchange |
| United States | Mark D Fitterman Michael A Macchiaroli Harry Melamed Securities and Exchange Commission |