Covid Could Cause US Regulators to Rethink Surveillance
Not having specific requirements and procedures for firms to refer to ended up putting some funds in a tough place during the pandemic’s early days.
At the height of the pandemic as the markets were rapidly fluctuating, US trading firms were having to both manage a remote workforce, as well as manage new types of compliance risks. When compared to their European counterparts, US regulators have not been as prescriptive when it comes to procedures to ensure surveillance for working remotely, thus firms were flying blind while managing their coronavirus response. As a result, it might cause a rethink at some of the US regulatory bodies in
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