Wall Street regulator cuts costs on market surveillance tool ReutersOctober 1, 2025 at 1:05 AM 0 United States Securities and Exchange Commission logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) The U.S.
- - Wall Street regulator cuts costs on market surveillance tool
ReutersOctober 1, 2025 at 1:05 AM
0
United States Securities and Exchange Commission logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration
WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Tuesday said it was conditionally allowing stock exchanges to lower costs tied to a comprehensive market surveillance system that has been in development for more than a decade.
In a statement, SEC Chair Paul Atkins said that the so-called Consolidated Audit Trail "must be more efficient and cost-effective," especially in light of a recent court decision invalidating the funding model adopted under former President Joe Biden in 2023.
(Reporting by Douglas Gillison in Washington)
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