Timestamping Standards.

["Todd Glassey @ GMT" <todd.glassey@xxxxxxxxxxxxx>]

Hi all,  in the Timestamping services drafts there might want to be a
mention of the only standards regarding timestamping currently on the books
today, because the may change some of the focus in this effort.

They provide for a requirements to provably timestamp within three (3)
seconds of UTC and these are of course the NASD OATS requirements. NASD for
thos that are unaware is the NAtional Association of Securities Dealers and
any solution that is proffered as a timestamping one for commercial purposes
should ought to fulfill the only mandate on the books today. To get more of
this try the OATS pages at the www.nasdr.com site.

I suggest that to satisfy OATS, several use-specific assumptions have to be
made like the timestamping system itself has some provable connection to a
"reliable" source of time, and the audit model to prove that the time
setting instance at the client end was accomplished appropriately, and that
these assumptions should be spelled out i detail in the Draft

Any comments?

Todd Glassey