Perhaps 10 years from now we’ll all look back at the building of the Consolidated Audit Trail (CAT) and have a laugh assured in the fact that it was finally created and is running effectively—but today is the day for ridicule.
As James Rundle and I discovered while writing our feature on the building of the CAT (see page 12), there is plenty of blame to go around. So let’s do just that—let’s play the blame game.
The Obvious Choice
For many, the biggest offender is Thesys Technologies, which
IEX’s John Ramsay joins to talk about the SEC’s proposed Transaction Fee Pilot and why he thinks it should move forward.Subscribe to Weekly Wrap emails