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🚀 SEC Announces Changes to Securities Information Processors

The U.S. Securities and Exchange Commission (SEC) has announced updates regarding the operations of exclusive securities information processors (SIPs). The SEC posted on X that these changes will enhance the ability of SIPs to collect, consolidate, process, and disseminate quotation and transaction information during the overnight session. This development aims to improve the efficiency and transparency of securities information processing, ensuring that market participants have access to timely and accurate data. The SEC's initiative is part of a broader effort to modernize the infrastructure supporting the U.S. securities markets.

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