Crisis response moves into third phase, SIFMA's Price says

04/30/2013 | Securities Technology Monitor

Tom Price, managing director and head of operations and technology at SIFMA, told participants at the group's Operations Conference that the response to the financial crisis is shifting into its third phase. "We're at a point in time where we are moving from legislation to regulation to implementation," Price said. The response includes a consolidated audit trail of trades and the legal-entity identification system.

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