WASHINGTON, April 20 -- Securities And Exchange Commission has issued a proposed rule called: Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources.
The proposed rule was published in the Federal Register on April 20 by Sherry R. Haywood, Assistant Secretary.
Summary: The Securities and Exchange Commission (the "Commission") is publishing this concept release to solicit comments in support of a comprehensive review of the Consolidated Audit Trail and other audit trails and related data sources currently used in the regulation of U.S. securities markets, including comments regarding the funding mechanisms for these audit trails and/or related data sources. There have been several developments since the Commiss...