DataBP has filed a comment letter with the SEC on the proposed CT Plan governing the US Consolidated Tape. DataBP believes the Proposed CT Plan represents a significant step forward for both the US national market system and the broader industry. Converging the current operating model for the two existing market data plans – with distinct commercial policy frameworks, licensing agreements, billing models, and compliance processes for the three “tapes” – to a single operating model will deliver substantial efficiencies to the industry. In turn, these efficiencies will benefit the investing public.
