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#92 - Explaining the 2022 UCC Amendments, with Professor Carla Reyes

Law of Code

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The Distrust Between the SEC and Industry

There is room for the public law to take more of that approach. I believe in the late 1990s, they took that approach when it came to ATSs,. They gave industry members a voice from a securities regulatory perspective. And maybe it was just because they didn't understand the way the technology worked at all and needed a way to do that. Now I can't really say if it turned out the way the industry wanted.

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