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12 October 2021

SEC Postpones Decision On CAT Revised Funding Model

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The SEC extended the time to consider a proposed amendment to the Consolidated Audit Trail ("CAT") National Market System Plan.
United States Corporate/Commercial Law
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The SEC extended the time to consider a proposed amendment to the Consolidated Audit Trail ("CAT") National Market System Plan. The amendment would implement a revised funding model for the CAT and impose a related fee schedule. The SEC initially instituted proceedings to decide whether to approve or deny the amendment on July 20, 2021.

The new deadline is December 17, 2021.

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