Market Structure Reforms Challenge Broker-Dealers

Market Structure Reforms Challenge Broker-Dealers

Market Structure Reforms Challenge Broker-Dealers

n-Tier Founder and CEO Peter Gargone comments in Traders Magazine on the SEC's amendments to Rule 605
n-Tier Founder and CEO Peter Gargone comments in Traders Magazine on the SEC's amendments to Rule 605

n-Tier Founder and CEO Peter Gargone comments in Traders Magazine on the SEC’s amendments to Rule 605.

“With these changes, coupled with the volume of data regulators have in CAT, we expect to see even more of a focus on data validation and overall data quality in submitted reports,” Gargone said.

“So, while firms have 18 months to comply, it is critical to focus now on data quality and completeness to ensure accurate reporting and avoid potential fines associated with incomplete data,” he said.

About n-Tier

n-Tier is an innovative technology company that couples deep industry expertise with a unique software platform to help firms manage the accuracy and completeness of their critical business data. n-Tier’s clients range from global leaders to small and mid-size companies in various industries including finance, pharmaceuticals, and insurance.  Our platform is highly configurable, has low IT impact and can be installed locally or used as part of our cloud offering.

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