The proposal, known as the Comprehensive Automated Risk Data System, has received significant changes since being proposed in December, says Richard Ketchum, chief executive officer of FINRA.
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A rule that would increase the amount of trading data that brokerages release to the Financial Industry Regulatory Authority to allow for greater surveillance may be ready this summer. So reports Reuters.
The proposal, known as the Comprehensive Automated Risk Data System, has received significant changes since being proposed in December, says Richard Ketchum, chief executive officer of FINRA.