The London Stock Exchange’s (LSE) proposal to extend the SEDOL security numbering system to create a market level identifier, announced last week (IMD, Nov. 11), has caused a split between two major industry bodies.
The LSE intends to make its existing seven-character numeric SEDOL code alphanumeric in order to create a global securities identifier. The move is supposed to improve settlement efficiency and allow easier identification of companies traded on different exchanges.
However, the p
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails