ARTICLE
28 December 2021

CAT Participants Withdraw Revised Funding Model Proposal

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The SEC Notice reflects that CAT participants withdrew the proposed amendments on December 8, 2021.
United States Corporate/Commercial Law

The SEC announced that Consolidated Audit Trail ("CAT") participants withdrew a proposed amendment to implement a revised funding model for the CAT and impose a related fee schedule. The SEC Notice reflects that CAT participants withdrew the proposed amendments on December 8, 2021.

As previously covered, the SEC had extended the time to consider the proposed amendment to the CAT National Market System Plan to December 17, 2021.

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