Consolidated audit trail is a priority for SEC, official says

A consolidated audit trail of exchange activity is a "top priority" for the Securities and Exchange Commission, said David Shillman of the agency's trading and markets division. He said the SEC is close to issuing a proposal. Thomas Gira of the Financial Industry Regulatory Authority told participants at SIFMA's 2012 Operations Conference that the move could be costly for high-frequency traders.

View Full Article in:

SIFMA OPS 2012: CAT Could Cost Those Placing Lots of Orders - Securities Technology Monitor

Published in Brief: