Multiple trade associations urged the SEC to withdraw its proposal requiring broker-dealers and investment advisers to eliminate or neutralize conflicts of interest associated with the use of predicative data analytic technologies.
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A host of trade associations, including SIFMA and the Managed Funds Association, asked the SEC to extend the comment deadline for a proposed rulemaking on the use of predicative data analytics technologies.
SIFMA criticized SEC proposed amendments to Regulation Systems Compliance and Integrity that would cover entities for which Reg SCI was never intended.
In an interview with Georgetown Law Professor Chris Brummer at D.C. Fintech Week 2022, CFTC Chair Rostin Behnam argued that the CFTC is the best regulator for digital commodities.
ISDA and several other associations confirmed their joint commitment to moving financial markets toward a "digital future."