The SEC wants you to share your confidential data…confidentially

From: Patrina Corporation

Whose data is it anyway? Your firm’s of course. But some days it feels like everyone and their uncle wants a piece of it.

In early September, Brent Fields, Securities and Exchange Commission (SEC) Secretary,  posted a 106-page request for public comment to proposed amendments to Rule 13n-4 under the Securities Exchange Act of 1945. The Rule relates to regulatory access to security-based swap data held by security-based swap data repositories.

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