Finra Issues No Action Letter for CAT Filing

Don’t worry, COVID-19 worries trump things like compliance with the Consolidated Audit Trail compliance dates.

The Financial Industry Regulatory Authority (FINRA), a securities market self-regulatory organization issued a “no-action” letter regarding the CAT. In a letter to the Securities and Exchange Commission’s Division of Trading Markets that it was willing to allow some flexibility with regards to reporting deadlines for CAT participants in the midst of the ongoing COVID 19 market structure.

Please see below for the entire letter:

03.16.20 No Action Letter