Waters Wrap: A dangerous game of Cat & hacker (And reg reporting fees)

Anthony takes a look at the Consolidated Audit Trail and concerns over its security. He also touches on the rapidly changing face of the regulatory reporting marketplace.

Before we get going, if you want to read a bit of an odd story, we had one for you this past week. From Rebecca Natale: “On February 11, DelphX Capital Markets issued an announcement that its founder, Larry Fondren, had resigned from the company’s board of directors and had been terminated for cause from all of DelphX’s subsidiaries, including DelphX Services Corp. The news may have come as a shock to those who knew Fondren, a 50-year veteran of the insurance and fixed-income industries, but

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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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