House Prepares Bill Delaying CAT amid Ongoing Difficulties

Emilia David
@miyadavid
01 Dec 2017

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Congressman Bill Huizinga (R-MI) noted in a hearing held on November 30 by the Capital Markets, Securities, and Investment subcommittee of the House Committee on Financial Services, that holding personally identifiable information on such a database may present an opportunity for market manipulation.

“There are concerns around security of that information and the access it offers,” Huizinga said. “The CAT is a comprehensive database and the information it holds can be reversed engineered and

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