SIFMA expressed support for the SEC undertaking a comprehensive review of the Consolidated Audit Trail.

SEC Commissioner Hester M. Peirce welcomed the SEC's issuance of a concept release to review the Consolidated Audit Trail, but urged the Commission to go beyond cost and efficiency questions and confront deeper concerns over "liberty and privacy."

The SEC solicited comment on a comprehensive review of the Consolidated Audit Trail and other data sources used in the regulation of U.S. securities markets.

CFTC Chair Selig defended the agency's enforcement record and budget request amid mounting congressional concern over insider trading in oil, equity, and prediction markets.

SIFMA requested that the SEC grant exemptive relief from certain requirements under the Treasury clearing rule for inter-affiliate transactions.