SEC Amends National Market System Plan Governing Consolidated Audit Trail
May 18, 2020
The SEC has issued a final rule, Amendments to the National Market System Plan Governing the Consolidated Audit Trail. The final rule requires national market system plan participants “to publish and file with the Securities and Exchange Commission a complete implementation plan for the consolidated audit trail and quarterly progress reports.” In addition, the amendments “establish financial accountability provisions.”
For more information, see the press release and the statement by SEC Commissioner Hester M. Peirce on the SEC’s Web site.