SEC Trading Markets Director Addresses Data Challenges
Jamie Selway, head of the SEC's Division of Trading and Markets, weighs in on growing complexities surrounding market data.
Jamie Selway, Director of the Division of Trading and Markets at the U.S. Securities and Exchange Commission, delivered remarks addressing the increasing complications that come with expanded market data in modern financial markets. The speech, titled "Mo' Data, Mo' Problems," signals continued regulatory attention on how data flows through equity and trading markets.
The Division of Trading and Markets oversees the major participants in the securities markets, including broker-dealers, securities exchanges, and self-regulatory organizations. Selway's remarks suggest the division is closely monitoring how the proliferation of market data affects both market structure and investor outcomes.
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As trading venues and financial technology continue to generate ever-larger volumes of transactional and quote data, regulators face mounting pressure to assess whether existing rules adequately govern data access, distribution, and pricing. The title of Selway's remarks appears to invoke the tension between data abundance and the regulatory burden that follows.
The SEC has in recent years taken an active role in reassessing market data rules, including controversies over proprietary data feeds versus consolidated feeds, and whether retail and institutional investors receive equitable access to timely market information. Selway's position at the helm of the division places him at the center of those ongoing policy debates.
Continue reading at Speeches and Statements.
