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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.