ISITC Regulation Group Focuses on LEI

Strapline: Regulation & Standards

tom-brown-isitc

The new Regulatory Working Group (RWG) launched by the International Securities Association for Institutional Trade Communication (ISITC) will focus on the legal entity identifier (LEI) standard, but also will leave room for smaller subcommittees to focus on other regulation affecting the financial industry, such as the Foreign Account Tax Compliance Act (Fatca), according to Tom Brown, co-executive sponsor of the group, and an associate partner at Brook Path Partners. Karla McKenna, director of

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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