The SEC should approve a proposal from stock exchanges and the Financial Industry Regulatory Authority to leave some personal information out of a massive market-surveillance database they’re creating, said Senate Banking Committee Chairman Mike Crapo (R-Idaho).
The Securities and Exchange Commission recently received a request from the organizations to exclude social security numbers and dates of birth from the Consolidated Audit Trail, which the agency ordered them to build.
The American Securities Association, Republican SEC Commissioner Hester Peirce, and others have raised concerns about the privacy of retail investors whose info could end up in the database, also ...
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