Thomson's CDA Protests SEC's Decision To Shift Database Plum To Disclosure


Primark's Disclosure, which signed a deal with the Securities and Exchange Commission last month to produce a stock ownership database (IMT, May 24), has now been ordered by the General Accounting Office (GAO) not to go ahead with its plans to build that database--because of a complaint filed by CDA Investment Technology, the SEC's incumbent insider and institutional stock ownership database provider. The SEC was given 25 days to respond to the protest--unless the Commission receives the

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