Data Privacy & Security Data Privacy & Security

US exchanges' plan to cap their Consolidated Audit Trail data-breach liability denied by SEC

By Neil Roland
  • 01 Nov 2021 13:26
  • 01 Nov 2021 13:26
US stock and options exchanges’ proposal to limit their liability for data breaches on the Consolidated Audit Trail was rejected by the Securities and Exchange Commission on grounds that it would reduce exchanges’ incentive to invest in the stock-trades database they run.

Banks and other industry members that must report quotes, orders and

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

LEARN MORE LEARN MORE

Latest News