SEC proposes the use of Python and XML

Terry Reedy tjreedy at
Sun Apr 11 19:18:29 CEST 2010

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:

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

the 'Additional Material' referenced within the press release.

Terry Jan Reedy

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