For firms that are expanding their alt-data usage, it’s worth noting that the U.S. Securities and Exchange Commission is looking more closely at vendor management and oversight, which would extend to how data is procured. That’s according to Tyler Gellasch, Executive Director of the Healthy Markets Association.
“If certain information is valuable to you, it is valuable to others,” Gellasch said. “How do you get it? As you go through alternative data sources, you should be thinking about that.” Full Story.