US SEC, CFTC adopt standards for data reported by firms
By Neil Roland ( June 8, 2026, 20:46 GMT | Insight) -- The US Securities and Exchange Commission and the US Commodity Futures Trading Commission established technical standards for data submitted to some financial regulators under a 2022 law. The two agencies were among nine to fall under the Biden-era Financial Data Transparency Act for collection of information reported by firms and, in turn, sent by the agencies to the Treasury-led Financial Stability Oversight Council that supervises US risk. The SEC and CFTC also established the Legal Entity Identifier, a 20-digit alphanumeric standard that uniquely identifies a legal entity, as the common entity identifier.The US Securities and Exchange Commission and the US Commodity Futures Trading Commission established technical standards for data submitted to some financial regulators under a 2022 law....
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