Now that Oats is scrapped, regulators will have to (Cat)ch up

Retiring Oats is a milestone on the long and winding road to Cat implementation, but the SEC must make some major decisions in a very short timeframe before the Cat journey is over.

The retirement of the Order Audit Trail System (Oats)—set for September 1—is a milestone on the long and winding road to the implementation of its replacement, the Consolidated Audit Trail (Cat), which was mandated by the Securities and Exchange Commission (SEC). But it’s just one milestone; the SEC needs to pass many more before the end of the journey—full Cat implementation—and pass them in short order if the Cat is to meet its deadlines before full go-live next year.

The Financial Industry

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:

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

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

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: