4 ms·
DTCC does this kind of limitation because the finance industry is still terrified after Sarbanes Oxley Dodd Frank and similar legislation. The goal is to create
by collegeburner 4y ago
DTCC does this kind of limitation because the finance industry is still terrified after Sarbanes Oxley Dodd Frank and similar legislation. The goal is to create some self-regulation so that the feds don't come in and fuck everything up even worse.
- qaq 4y agoSure and yet rules are no very transparent and Citadel representative is member of DTCC board