A Identified securities that are missing a complexity level for a month. The data includes January, February, and March pricing dates. One security was missing a month of data:
Security ID L February XX
B Identified securities with inconsistent complexity levels from month to month. The following securities had more than one complexity level:
Security ID A
Security ID L
C Investigated securities with high complexity scores to see if a specific security type is the cause of the complexity level by finding the average complexity level for each security type:
Assumption: Preferred stock securities are more complex to price.
Recommended action: The audit team validates this assumption by speaking with the hard to price team.
tableAutosineouABCDSecurity IDPricing Date,Complexity,Security TypeXXCommon stockCommon stockCommon stockBPreferred stock
