When the Securities Information Processor was launched in 1975, it was created to work in a market with ever-improving technology. Although the system held up relatively well, by 2001, it was starting to become clear that change was needed. Recently the Unlisted Trading Privileges Consolidated Tape Authority Committee has considered improving the infrastructure, installing a manual override and increasing system testing. While these short-term solutions might help, the system simply may have outlived its shelf-life and more drastic changes will likely need to be installed.
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