CA NeWs Beta*: Anti fraud software
Anti fraud software
Securities
and Exchange Commission software that will seek out accounting
anomalies and hedge fund performances that don't line up with investment
strategies is expected to launch this year. The software will analyze
real-time data streamed to the agency from exchanges and will use a
model that the SEC has been developing since 2011. "It is a model that
allows us to discern whether a registrant's financial statements stick
out from the pack," Chief Economist Craig Lewis said.