23 Jan 2025
⚖️SEC Grants Exemptive Relief for CAT Compliance until July 2025
Order Granting Temporary Conditional Exemptive Relief, Pursuant to Section 36(a)(1) of the Securities Exchange Act of 1934 and Rule 608(e) of Regulation NMS Thereunder, From Certain Requirements of Appendix D, Section 3 of the National Market System Plan Governing the Consolidated Audit Trail
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory text provides a temporary conditional exemptive relief concerning compliance requirements for industry members under the CAT NMS Plan. This has direct implications for business owners, as it affects their reporting obligations and operational workflows, potentially impacting their ability to trade without compliance threats. The extension until July 31, 2025, indicates ongoing challenges in meeting these regulatory standards.