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