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.