FINRA's National Adjudicatory Council revised its Sanctions Guidelines to include Consolidated Audit Trail System ("CAT") reporting violations guidelines. The revisions reflect the transition of audit-trail reporting from the Order Audit Trail System ("OATS") to CAT.

Primary Sources

  1. FINRA Regulatory Notice 21-37: The National Adjudicatory Council (NAC) Revises the Sanction Guidelines

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