SEC Commissioner Calls for Office of Data Strategy; CAT Still Years Away From Completion

Kara Stein says SEC needs to open an office focused specifically on data.

stein
Kara Stein, commissioner of the US Securities and Exchange Commission, speaks at Sifma Ops 2015.

As the market increases in intricacy and fragmentation, one US Securities and Exchange Commission (SEC) commissioner believes the regulatory body should take a better approach to data.

SEC commissioner Kara Stein said the SEC needs to create an office focused on data and management and analysis around it.

For starters, Stein argued this week in San Diego that the increase in complexity of data management and analysis over the past decade means the SEC needs to dedicate an office specifically to

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