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https://news.bloomberglaw.com/esg/griffins-citadel-securities-blasts-massive-sec-market-tracker-1
Griffin’s Citadel Securities Blasts SEC’s ‘Massive’ Tracker (1)

It’s ‘unprecedented government surveillance,’ firm tells court
Market maker, American Securities Association file legal brief
A new Securities and Exchange Commission market-tracking database is a “massive, unprecedented government surveillance system” that could cost the financial services industry billions of dollars and compromise investors’ privacy, Citadel Securities told a US appeals court.

Citadel Securities and the American Securities Association, a group of brokerage firms, asked the 11th US Circuit Court of Appeals in October to review the SEC’s approval of the funding model for the database in response to “widespread investor concerns about transparency, governance, costs and data privacy.”