SEC's proposed rule could result in dissemination of incomplete, inaccurate and misleading data.
Limited competition for benchmarks and indices, credit ratings and trading data may increase costs.
SEC requires a review of data on non-listed securities before initiating or resuming quotes.
It is important to maintain the voluntary nature of the standard.
Proposed changes would lead to an unsustainable level of additional cost and liability for issuers.
Broker-dealers will be able to meet the new SEC requirements.
Acting SEC Chairman is resigning as of the end of January.
Acceleration of a systematic approach and performance-driven execution has been a big theme.
In a matter of weeks 30 LIBOR settings either cease to exist or become non-representative.
