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FISD Drafts User Re-Distribution Warning

ADMINISTRATION & MANAGEMENT

The Financial Information Services Division (FISD) of the Software & Information Industry Association is preparing to send users a letter warning them about the potential legal pitfalls if they fail to monitor and comply with rules about the redistribution of market data.

A panel of vendor executives unanimously agreed at Inside Market Data's April conference that firms should be free to use data as they like within their own organizations (IMD, April 26).

But Jack Sabo, vice president of market

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