• US exchanges are asking regulators to delay massive new system meant to make markets safer

    9 days ago - By Business Insider

    US stock exchanges are asking the Securities and Exchange Commission to delay the implementation of a database that would provide better surveillance over the markets.
    The so-called Consolidated Audit Trail would serve as a central database for the most sensitive information in the markets.
    US stock exchanges have requested the Securities and Exchange Commission delay the rollout of a massive new database aimed at helping the regulator better police the markets so they can address cybersecurity concerns and conduct more testing.
    The exchanges are seeking to postpone by a year...
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