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SEC Commissioner Criticizes Funding for Consolidated Audit Trail

By Hester M. Peirce September 7, 2023 by renholding

Thank you, Mr. Chair. The CAT has been expensive, far more costly than anyone imagined it would be. CAT’s considerable costs need to be allocated and no allocation method is ideal. And regardless of which approach we choose, most costs …

SEC Commissioner Speaks on Financial Market Regulation

By Hester M. Peirce September 21, 2020 by renholding

Whenever I talk to economists, since I cannot awe you with a fancy equation, I have to start with a bad joke. It is a knock-knock joke, which is especially hard to pull off when trying to physically distance. “Knock,

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SEC Officials Offer Update on the Consolidated Audit Trail

By Jay Clayton, Brett Redfearn and Manisha Kimmel August 24, 2020 by renholding

Today [August 21], the Commission proposed amendments to the national market system (“NMS”) plan governing the consolidated audit trail (“CAT NMS Plan”). The proposed amendments are designed to enhance data security related to the ongoing development and operations of the

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PwC Offers 10 Key Points on SEC’s Consolidated Audit Trail Plan

By Dan Ryan, Mike Alix, Adam Gilbert and Armen Meyer December 23, 2016 by renholding

On November 15, 2016, the Securities and Exchange Commission (SEC) approved a plan to establish a Consolidated Audit Trail (CAT), which will contain a complete record of all equities and options traded in the U.S.^[1] The plan will require …

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CAT

SEC Commissioner Criticizes Funding for Consolidated Audit Trail

SEC Commissioner Speaks on Financial Market Regulation

SEC Officials Offer Update on the Consolidated Audit Trail

PwC Offers 10 Key Points on SEC’s Consolidated Audit Trail Plan