NEW YORK, NY--(Marketwire - Feb 13, 2012) - Over the past year GATE Technologies, LLC has advocated on behalf of investors and supported legislation in Congress to change US regulations that apply to the trading of illiquid securities. GATE's efforts on behalf of investors have continued with an effort to change regulations that apply to the transfer of illiquid assets in secondary markets.

In a letter to Deputy Secretary of the Treasury, Neal Wolin, GATE Technologies CEO, Vincent Molinari discussed Treasury Regulation which impairs the trading of limited partnership interests on a secondary market. Mr. Molinari said, "In an effort similar to GATE's approach regarding the SEC (and the regulations surrounding the 500 shareholder rule and its unintended consequences), GATE has written to the US Treasury regarding the regulations governing the transacting of limited partnership interests as it relates to safe harbor rules and trading in secondary markets. We strongly believe LP interests and their ability to become liquid are conduits to alternative funding that lead to job creation and economic recovery."

As a leader in the development of electronic marketplaces for the trading of illiquid assets, GATE Technologies will continue to work closely with regulators on this critical issue. A copy of the letter is available at

For additional information, please contact GATE at 212-896-3983.

About GATE Technologies, LLC
GATE Technologies is an innovative financial technology company creating a new market infrastructure for bringing efficiency and transparency to the unstructured global alternative asset markets. The company offers fully automated, customizable solutions for qualified investors with value-added content and analytics, transparent execution, and dematerialized settlement, clearing, and depository functions. GATE is developing markets that will create the first global common infrastructure for illiquid securities.

GATE US, LLC, a subsidiary of GATE Technologies, LLC, is a New York based broker-dealer and alternative trading system that provides customers an integrated private electronic marketplace for the trading of restricted, illiquid and alternative assets. GATE US offers the GATE Pro platform, an automated, multi-asset class platform that combines content, settlement and clearing services, analytics, and global connectivity to enable qualified investors to research, verify and trade the most complex alternative assets with confidence. GATE US gives market participants the transparency, efficiency and liquidity they need to view all market activity, ensure regulatory oversight and lower transaction times.

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GATE Technologies, LLC