SIFMA Applauds Revised SEC Consolidated Audit Trail Rule

SIFMA released a statement of support from Executive Vice President Randy Snook after the SEC approved a final rule requiring the SROs to establish a consolidated audit trail, remarking:

"...We believe that a centralized and comprehensive audit trail would enable the SEC and securities SROs to perform their monitoring, enforcement and regulatory activities more effectively."

View statement in full here(links externally to SIFMA website).