In January, we communicated an expectation for an approximate 5% increase in 2020 core G&A expense versus comparable 2019 levels, driven by continued investment in technology and market data, including sustainability initiatives and the full-year impact At present, given reduced levels of T&E in the current environment, we would expect core G&A expense for the year to be closer to 2% higher than comparable 2019 levels.

Jul 17, 2020 / CFO / receipt, needs a key / Gary S. Shetland, CFO | earnings call 2020-07-17 | transcript 3af3b622-08f3-40df-bd76-79f2a2194f0c | chars 6919-7341 | segment 6