Investors will bear the brunt of data management costs for regulatory reporting, said Kenneth E. Bentsen Jr., president and CEO of SIFMA. "Policymakers and regulators must consider that these additional new rules ... will have to be absorbed by the firms and ultimately their customers through additional costs or reduced services and choice," Bentsen told participants at the SIFMA Tech 2014 conference in New York. Read Bentsen's remarks.

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