SEC unveils joint data sharing standards with eight other financial regulators

A joint proposal from nine U.S. financial regulators on data standards aim to streamline submissions and ease data sharing among agencies, the Securities and Exchange Commission (SEC) announced.

After years of regulating within separate silos, the common standards will streamline submissions for stakeholders and allow agencies to easily share that data across multiple regulators, the SEC said.

The uniform standards were mandated under the Financial Data Transparency Act of 2022.