SEC Trade Reporting Rule to Aid Tracking Process
The large trader reporting requirements approved by the US Securities and Exchange Commission on July 26 will provide a better way to track transactions without placing a heavy operational burden for data collection, a data management specialist says.
"It's not going to be particularly onerous, but you will find some organizations will have an issue with it," says Ed Ventura, president of Ventura Management Associates, based in Princeton, N.J., speaking shortly after the approval. "It depends on
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