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SEC pushes modernisation of Reg SCI to keep up with technological change

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Photo: James Leynse/Corbis/Getty Images
Martin Cloake profile image

Martin Cloake

1 min read

Fast-changing tech landscape prompts regulator to table modernisation proposals.

Changes created by the growth in electronic trading have prompted the SEC to propose amendments to Regulation Systems Compliance and Integrity (SCI). The set of rules was originally adopted in 2014 to oversee the core technology of key US securities market entities (SCI entities).

The SEC wants to expand the scope

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