The SEC to require filings in Python?
The SEC to require filings in Python?
[Announcements] Posted Apr 19, 2010 20:59 UTC (Mon) by corbet
As seen in this
ITWorld article, the US Securities and Exchange Commission (SEC) is
currently contemplating new rules for disclosure around the offering of
asset-backed securities. The proposal, a monster PDF
file, reads: "We are proposing to require the filing of a
computer program (the 'waterfall computer program,' as defined in the
proposed rule) of the contractual cash flow provisions of the securities in
the form of downloadable source code in Python, a commonly used computer
programming language that is open source and interpretive.
" There
are all kinds of interesting implications, including effects on the
language, security, and more.