The Securities and Exchange Commission (SEC) is now accepting comments on an STP-related concept release that also proposes standardizing reference data.
The SEC is suggesting that standardization may help address a deficiency described in a 2002 white paper by the Institutional Transaction Processing Committee (ITPC) of the Securities Industry Association (SIA). In it, the ITPC said that broker/dealers and their customers usually have proprietary systems that lack both automation and common
Should regulators take a more active role when it comes to AI oversight, or leave it to the professionals? What will M&A look like in 2018?Subscribe to Weekly Wrap emails