Data Protection

Support legislation that would direct the SEC and CFTC to develop policies and procedures before obtaining a firm’s algorithmic trading source code and other highly sensitive and proprietary information

MFA supports “The Protection of Source Code Act,” bipartisan legislation that would require the SEC to issue a subpoena before obtaining a firm’s source code or similar intellectual property and urges reintroduction of the bill in both the House and Senate. MFA also supports similar legislation that would require the subpoena requirement at the CFTC.

Related Resources