SEC Should Take Over Market Database, Investor Group Says
By Jessica Corso ( October 4, 2024, 9:25 PM EDT) -- An investor-side trade association is pushing the U.S. Securities and Exchange Commission to take control of a controversial market surveillance tool out of the hands of the nation's stock exchanges, saying in a recent rulemaking petition that a failure to do so could be "catastrophic" if either the government or the courts decide to shut down the database....
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