Notice
15 Jul 2025
compliance, securities regulation, long-term stock exchange, timestamp granularity, cat compliance rule
⏱️Proposed Rule Change on CAT Compliance for Timestamp Granularity
The SEC has published a notice regarding the Long-Term Stock Exchange's proposed rule change to amend the CAT Compliance Rule. This amendment extends the timestamp granularity exemption, allowing businesses to truncate timestamps to satisfy regulatory requirements until April 8, 2030. The proposal aims to streamline compliance with the National Market System Plan Governing the Consolidated Audit Trail.
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