SEC gunning to take over Cat in 2027

SEC chair seeks direct control of market surveillance apparatus, usurping Finra The US Securities and Exchange Commission is preparing to take control of the Consolidated Audit Trail, the massive database of trade information used to identify bad actors in US financial markets.On Monday last week, SEC chairman Paul Atkins laid out his plans for the Cat’s future in a letter to Robert Walley, the chair of the Cat NMS plan operating committee.Atkins directed SEC staff to draft a Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved.You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.If you would like to purchase additional rights please email info@risk.net Sorry, our subscription options are not loading right now Please try again later. Get in touch with our customer services team if this issue persists. New to Risk.net? View our subscription options If you already have an account, please sign in here. You already have an account with one of the websites below that uses this email address. Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com and Chartis-Research.com. Please use your existing password to sign in. Most read articles loading... Back to Top