SEC proposes the use of Python and XML

Terry Reedy tjreedy at udel.edu
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:
> 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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