9/25/2013

Mary Jo White, head of the Securities and Exchange Commission, told members of the financial industry Tuesday that technological failures in the marketplace are unacceptable. "The key is a zero-tolerance objective," White said. "We obviously know that in any system you are going to have issues, and you also need to have a very robust way to respond, a very quick way to respond, a good way to communicate when you actually do have an incident."

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