MiFID Forum Claims Tape Standard Progress

The European Consolidated Tape Group of industry association The MiFID Forum is seeking to appoint a program manager this summer to lead the group’s efforts, after securing satisfactory commitment and funding from participants, according to sources familiar with the situation.

The ECTG is calling for nominations for an individual from the financial markets who can coordinate the group’s efforts to secure a consolidated tape—either regulator-mandated or industry-led—of European market data in a

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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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