SEC Democratic Commissioner Slams CAT Delays
Robert Jackson dissented from a new proposed order to modernize exchange data.
On Wednesday, the Securities and Exchange Commission’s Robert Jackson slammed the lack of progress in building the Consolidated Audit Tape (CAT) as he dissented from a new proposal to modernize the National Market System (NMS).
“Our history governing markets through NMS plans is hardly encouraging. One need look no further than the Consolidated Audit Trail to see what happens when the Commission replaces real regulations with mere hope that stock exchanges will act against their own interests,”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Waters Wavelength
Waters Wavelength Podcast: Episode 236 (Market data, ESG, and interoperability)
Wei-Shen and Tony talk about WatersTech’s three biggest stories of the week.
Subscribe to Weekly Wrap emails
Most read
- One step closer: How exchanges are seeking tighter relationships with clients
- Technical difficulties: OpenFin says it’s committed to FDC3, while others have their doubts
- Putting the ‘green’ in green data: Rise of impact investing drives ESG M&A
- Data Awards 2021 Winner's Interview: S&P Global Market Intelligence
- Vanguard overhauls EU data strategy to better manage analytics, regulatory needs