3: Financial Regulation Other Information:
Our financial regulation group also picked up on the theme of data quality. They recommended pre-filing consistency checks,
post-filing audits, improved posting speed, and linking datasets to detect inconsistencies. They rejected proprietary formats
like CUSIP and DUNS in favor of an open, common set of identifiers for legal entities. Participants suggested that a public-interest
advisory board in this area could be modeled on the UK's Open Data Institute. These recommendations track the Financial Industry
Transparency Act, whose reintroduction the Coalition is seeking.
Stakeholder(s):
- Danny Goroff: Group 3 Discussion Leader: Danny Goroff, Sloan foundation
Objective(s):
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