[BangPypers] Wall street may embrace Python
Anand Balachandran Pillai
abpillai at gmail.com
Mon Apr 26 10:38:54 CEST 2010
> On Mon, Apr 26, 2010 at 1:48 PM, Dhananjay Nene <dhananjay.nene at gmail.com>wrote:
>> Whoa! what becomes law ? From what i can understand it primarily refers to
>> the preferred mechanism of documenting complex waterfall provisions, in
>> fiscal projections.
I downloaded the PDF from the SEC web-site and here are the
relevant lines from it.
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.
Interesting to see that they want to use open technologies
The word "law" was used very leniently. Come on, we are not lawyers
here, give me a break and don't hang on to every word. If you
don't like it, read it as "proposal" or "specification", which it is.
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