The Market Data Protection Act of 2017 would require the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the operator of the Consolidated Audit Trail (CAT) to consult with the SEC’s chief economist and develop internal risk control mechanisms to safeguard and govern the storage of market data, all market data-sharing agreements, and all academic research using market data.
The bill follows criticism from Congress over the SEC’s ability to store
Anthony and James hit on a wide-range of topics, from Brexit in the UK, to the SGX-NSE fight in APAC, to the Supreme Court's decision on cellphone location data in the US.Subscribe to Weekly Wrap emails
- Episode 126: Brexit Fallout; the SGX-NSE Battle Continues; Cellphone Location Data
- Burton-Taylor: Regulation-Driven Data Spend to Grow, But Desktops Threaten Resurgence
- Banks, Bourses and Regulators Form Spanish-Market DLT Venture
- Bloomberg Eyes Amsterdam for Trading and Reporting Platforms
- CME Group Adds Two Alt Data Providers to DataMine