On January 17, the self-regulatory organizations announced that Thesys Technologies had won the right to build the Consolidated Audit Trail, putting it in charge of what will be one of the biggest financial technology projects in the history of the…
Fund administrator will also use the vendor's Unity Prospectus product.
The future of some regulations are in question, Reg SCI just might be one of the casualties.
Jeffery Heslop was named the SEC's COO in 2010.
Thesys choice upsets the status quo.
Vendor selected from 31 bidders to build, implement and maintain the Consolidated Audit Trail.
The announcement of which firm will be responsible for building the massive audit trail could come as soon as tomorrow.
With chairman Massad leaving the CFTC and commissioner Giancarlo likely to have a greater say, the source-code provision may be in trouble...if not the rule as a whole.
The announcement follows MIAX's recent approval to list complex order products on its exchange.
But for the moment, fintechs in the capital markets space will not be covered.
The Consolidated Audit Trail is exactly what the industry needs right now.
Questions remain about whether the current clock drift between exchanges and broker-dealers will allow for accurate data.
Updates include reporting using Form N-PORT and Form N-CEN.
Dan and Anthony debate the difference, or lack thereof, between firms labeled fintechs and regtechs.
Requiring SROs to report data to obsolete platforms is counterintuitive to the entire industry.
The regulator modified several points of the NMS plan prior to approval.
CXH hits back at claims that its liquidity-taking delay is designed to garner more market data revenues for the exchange.
“We’ve hired a few quants that used to design HFT models and worked at HFT firms. We’ve actually been working on—and have a prototype for—high-speed analytics on trading. That’s something our quant team has worked on a lot over the past year."
The Commission extends its deadline for a decision to December 21.
Market data is scarier than any trick or treat. So either learn to laugh at the frights, or be ready for things to go bump in the night.
The SEC deemed Forcerank's model constituted an unregulated security-based swaps market.
The new reporting requirements will make it easier for investors and the SEC to analyze fund data.
The SEC's project to better understand the impact of changing the tick size for securities of small-cap companies kicks off today.