SEC Calls for Public Input on CAT and Market Data Infrastructure
TL;DR Summary
The SEC issued a concept release inviting public comment to comprehensively review the Consolidated Audit Trail (CAT) and other market-data trails and related data sources, addressing funding, governance, design, cybersecurity, privacy, and civil-liberties considerations, with a 60-day comment window after Federal Register publication; the agency notes progress in reforming the CAT, including cost reductions and reduced exposure of personal data, while seeking further input on foundational aspects and regulatory responses.
Topics:business#audit-trails#consolidated-audit-trail#cybersecurity#data-privacy#finance#public-comment
- SEC Seeks Public Comment on the Consolidated Audit Trail and Other Audit Trails and Data Sources SEC.gov
- SEC to explore audit trail reform Investment Executive
- SEC Asks for Input on Slimming CAT Trade Data Collection, Costs Bloomberg.com
- SEC Scales Back Market Surveillance Tool, Raises Oversight Concerns Law.com
- US SEC seeks comment on contentious trading database By Reuters Investing.com
Reading Insights
Total Reads
1
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
85%
455 → 70 words
Want the full story? Read the original article
Read on SEC.gov