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The OFR’s promise is to collect and make available, to regulators and to the public, more and better financial data.  The OFR is working with regulators to fill in the information gaps in the regulators’ data toolbox.  The OFR will collaborate with and provide data services to Federal financial regulators, creating economies of scale, lowering operating costs, and eliminating redundant reporting requirements across the regulatory system, while also ensuring the security of sensitive data.  Finally, the OFR will promote standards for financial data that will provide benefits to regulators and financial market participants by making data aggregation easier, improving analysis, and reducing costs associated with data collection.

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Last Updated: 8/14/2012 5:13 PM