A Standard Debate

michael-shashoua-waters

The debate over implementation of the legal entity identifier (LEI) standard as set by the US Treasury's Office of Financial Research (OFR) heated up this past summer. After putting the LEI in place in July, the OFR followed this up in August by announcing the first phase of its implementation could begin in 2012 because enough progress had been made.

How the implementation of the LEI will be accomplished dominated the virtual roundtable discussion on pages 8-20 of the Inside Reference Data

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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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