SEC Democratic Commissioner Slams CAT Delays

Robert Jackson dissented from a new proposed order to modernize exchange data.

sec-building

On Wednesday, the Securities and Exchange Commission’s Robert Jackson slammed the lack of progress in building the Consolidated Audit Tape (CAT) as he dissented from a new proposal to modernize the National Market System (NMS).

“Our history governing markets through NMS plans is hardly encouraging. One need look no further than the Consolidated Audit Trail to see what happens when the Commission replaces real regulations with mere hope that stock exchanges will act against their own interests,”

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: