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SEC approves ‘Hubble Telescope’ for securities markets

November 15, 2016 by · Leave a Comment 

The U.S. Securities and Exchange Commission voted on Tuesday to approve a massive stock and options trading database, prompted by the 2010 “flash crash,” aimed at helping regulators police the increasingly fast, fragmented and complex markets. The creation of a Consolidated Audit Trail establishes a regulatory central database for every trade order, execution, modification and cancellation, as mandated by the SEC in July 2012.

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SEC approves ‘Hubble Telescope’ for securities markets

medical-device

Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

November 15, 2016 by · Leave a Comment 

(Reuters) – EU antitrust regulators are expected to give conditional clearance to U.S. medical device maker Abbott Laboratories’ bid for peer St Jude Medical Inc , a person familiar with the matter said on Tuesday.

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Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source