Unlocking LEI Potential

tim-lind-

Like other industry participants, data vendors are closely monitoring plans for the legal entity identifier (LEI) and doing what they can now to prepare for implementation. While data vendors will not be responsible for registering LEIs or for maintaining them, the deployment of codes that uniquely identify participants in financial transactions presents important opportunities for their businesses. The LEI will make it easier to pass records between different firms with disparate systems and

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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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