SIFMA Statement On SEC Disapproval Of CAT Limitation Of Liability Proposal
<p><span>SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the SEC’s disapproval of the CAT limitation of liability proposal:</span></p> <p><span>“SIFMA believes the SEC’s <a data-feathr-click-track="true" target="_blank" href="https://www.sec.gov/rules/sro/nms/2021/34-93484.pdf">rejection</a> of the amendment proposed by the national exchanges to revise the Consolidated Audit Trail (CAT) Reporter Agreement to insert l...