Whisper It Quietly, but Regulation May Have Benefits

"There is also a general feeling among the people I spoke to that the successful firms will be the ones that grasp this opportunity with both hands, rather than sitting back and waiting for it to happen to them."

Jim Rundle
James Rundle, Deputy Editor, Sell-Side Technology

This month, I’ve been revisiting a topic that I thought was long dead—the investment book of record. I remember when this was all the rage a few years ago, but now blockchain seems to have given it a new lease on life. But in talking to my old contacts, preparing the ground for a longer piece which should be out in the next couple of months, at least one thing has become clear: While books of record and these projects are all well and good, the real driver behind much of these massive projects

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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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