CTA Answers Vendor Concerns In Letter To Sec

THIS WEEK'S LEAD STORIES

The Consolidated Tape Association last week sent a lengthy memorandum to the Securities and Exchange Commission responding to the 12 comment letters that largely opposed the association's proposal to introduce a standard vendor contract form to replace diverse contracts the CTA writes with individual vendors (IMD, Jan. 22). The CTA, which administers the communications systems that report trade information, includes the New York, American, Boston, Cincinnati, Midwest, Pacific and Philadelphi