22 Apr 2025
📊SEC Extends Review Period for Proposed Amendment to Audit Trail Plan
Joint Industry Plan; Notice of Designation of a Longer Period for Commission Action on a Proposed Amendment to the National Market System Plan Governing the Consolidated Audit Trail
Summary
The SEC has extended the review period for a proposed amendment to the Consolidated Audit Trail governing reporting requirements. Designed to include more verbal and floor activity, this amendment aims to enhance oversight within the National Market System Plan. The Commission is allowing additional time to assess policy issues and comments related to the proposal.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed amendment to the Consolidated Audit Trail (CAT) plan affects reporting requirements for exchanges and financial firms, which could lead to additional compliance costs and operational adjustments for businesses within the financial sector. This impacts regulatory compliance and risk management efforts.