Consolidated Audit Trail
Whereas existing regulatory regimes like the order audit trail system OATS do not require customer-identifying information it must be included for CAT which has caused significant concern. In November 2016 the SEC S approved the CAT NMS Plan which was submitted by the. Consolidated Audit Trail Broadridge What is the consolidated audit trail. Consolidated audit trail . The Consolidated Audit Trail CAT is a massive government-mandated database that will track every equities and options market event in the US financial industry over a six-year period. The Consolidated Audit Trail is a reality Download the PDF Key requirements Broker-dealers conducting business in the US equity and options markets will be required to report order lifecycles for equities and options markets on a daily basis including orders quotes cancels routes including internal routes and allocations. 2012 to create Consolidated Audit Trail CAT the intended to allow regulators to monitor activity in National Market S...