CFTC’s Petal Walker says Dual Tracking Reg AT’s Source Code Proposal Not on Radar

At this year's Chicago Trading Technology Summit, the CFTC's Petal Walker gave an update on Reg AT's progression and what's at stake for the source code provision.

Law court gavel

If you look at comment letters sent to the Commodity Futures Trading Commission (CFTC) or listen to panelists talk at industry events, market participants tend to understand much of the thinking behind the CFTC's Regulation Automated Trading (Reg AT) proposal.

Perhaps 90-95 percent of the rule has at least a fair amount of support, but there's one piece of the regulation that has been universally criticized: the source code oversight provision. Reg AT requires each market participant to keep a

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FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

How GenAI could improve T+1 settlement

As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

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