In FundFire Investment Management Counsel David Tittsworth Discusses SEC Tech Focus to Modernization

The SEC recently outlined a 14-point plan to modernize its approach to protecting investors and ensuring markets function correctly, reports FundFire in an Oct. 15 article titled “SEC Unveils Plan to Modernize with Tech Focus”. The article includes insights from investment management counsel David Tittsworth. The plan dovetails into the stated ambitions of SEC chair Jay Clayton, who has frequently identified retail investors and cybersecurity as two key themes the agency should address, Mr. Tittsworth states in the article adding that the agency’s efforts to amend current rules falls in line with President Trump’s previously stated desire to clip regulations – including those guiding financial services. "For institutional investors or institutional asset managers I would think that would be of great interest," he notes.