SEC cuts CAT system operating expenses
2025-09-30 15:26:13
The Securities Exchange Commission (SEC) has announced that it has approved conditional exemptions for CAT participants to reduce the cost of the consolidated audit trail system (CAT). Measures include reducing data processing and storage requirements, and expenses are expected to fall from $196 million to $27 million in 2025. SEC Chairperson Paul S. Atkins called the move the beginning of CAT reform and cost control.
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