Speech: Luis Aguilar, SEC - Statement of dissent on consolidated audit trail final rule
( July 11, 2012, 17:49 GMT | Official Statement) -- MLex Summary: U.S. Securities and Exchange Commission member Luis Aguilar, a Democrat, voted against the SEC's final rule establishing a consolidated audit trail so that regulators can track and analyze trading acitivity. The SEC's rule gives industry too much flexibility to establish the audit trail, he said, limiting regulators' access to market data.Statement follows in full:...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.