On 4/11/2010 12:13 AM, Ted Larson Freeman wrote:
This week the SEC proposed new requirements for asset-backed
securities that include the use of XML and Python:
"The asset-level information would be provided according to proposed
standards and in a tagged data format using eXtensible Markup Language
(XML). In addition, we are proposing to require, along with the
prospectus filing, the filing of a computer program of the contractual
cash flow provisions expressed as downloadable source code in Python,
a commonly used open source interpretive programming language."
Thanks for posting this. More jobs for Python programmers. And perhaps
better transparency in such investment vehicles.
See:
http://www.sec.gov/news/press/2010/2010-54.htm
http://kelloggfinance.wordpress.com/2010/04/08/the-sec-gets-one-right
To help anyone trying to verify this, the quote is a quote within the
blog post which seems to attribute it to the SEC press release. However,
it actually comes from
http://www.sec.gov/rules/proposed/2010/33-9117.pdf
the 'Additional Material' referenced within the press release.
Terry Jan Reedy
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