Demanding Regulators Drive Surveillance Tech Requirements
Increasingly advanced watchdogs have "upped the ante" for trading firms, compliance chiefs say.
Having long had a reputation for being lawyers who are soft on technology, regulatory agencies such as the US Securities and Exchange Commission (SEC) have invested heavily in both systems and personnel relating to advanced market oversight in recent years.
Other agencies, including the Office of the Comptroller of the Currency (OCC) and the Commodity Futures Trading Commission (CFTC), have also become interested in technology developments through fintech programs and reviews of emerging
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