News

CAT REPORTING 101

Share this
Share on facebook
Share on linkedin
Share on twitter

Here’s what you need to know…

April 20, 2020 is the published Go-Live for Consolidated Audit Trail (CAT) production environment file submission and data integrity validations.

The Consolidated Audit Trail will track orders throughout their life cycle and identify the market participants handling them, thus allowing regulators to more efficiently track activity in eligible securities throughout the U.S. markets.

The primary goal of Securities and Exchange Commission (SEC) Rule 613 is to improve the ability of the SEC and the Self-Regulatory Organizations (SROs) to oversee trading in the US securities markets.

Sterling has begun customer data integrity validation for clients that have contracted with Sterling to report on their behalf.

CLICK HERE to contact us for additional information on Sterling Trading Tech submitting to CAT on behalf of your firm. Please note that CAT Reporting is a separate required process from OATS Reporting.

Additional information regarding Consolidated Audit Trail, LLC can be found at https://www.catnmsplan.com/

As the markets have changed, now so will the regulatory landscape surrounding market data. Both CAT and revised 606 Reporting will go into effect in 2020.

CLICK HERE to view Sterling’s President, Jim Nevotti interviewed in the S&G Global Intelligence on, ‘Wall Street Eyes Final Act of Stock Market Reforms in 2020’.

Ready to get started?

We look forward to learning more about your trading needs.

Check out some more resources

Thought Leadership

In an industry known for being fast-paced, the rapid evolution of the capital...

News

CHICAGO – April 5, 2022 – Sterling Trading Tech (STT), a leader in...

News

FINRA published a 2022 report on their Examination and Risk Monitoring Program, in...

News

CHICAGO – February 24, 2022 – Sterling Trading Tech (STT), a leader in...