US exchanges are asking regulators to delay massive new system meant to make markets safer
|11/15/2017||Posted by BusinessMediaguide.Com under General World News||
- US stock exchanges are asking the Securities and Exchange Commission to delay the implementation of a database that would provide better surveillance over the markets.
- The so-called Consolidated Audit Trail would serve as a central database for the most sensitive information in the markets.
US stock exchanges have requested the Securities and Exchange Commission delay the rollout of a massive new database aimed at helping the regulator better police the markets so they can address cybersecurity concerns and conduct more testing.
The exchanges are seeking to postpone by a year implementation of the first phase of the Consolidated Audit Trail, or CAT, read more >>>