Proposed Large Trader Reporting System
Published on:
June 24, 2010
Issue:
Committee:
SIFMA provides comments to the Securities and Exchange Commission (SEC) on the proposed large trader reporting system, Release No. 34-61908; File No. S7-10-10. In addition to the proposed large trader reporting system, the SEC has also proposed a comprehensive consolidated audit trail for National Market System (NMS) securities. SIFMA believes there is a overlap between the two proposals, including considerable redundancy.