CAT: Outside Delegate Authorities; By Kelvin To, Founder And President At Data Boiler Technologies
<p><span>The proposed </span><a rel="nofollow noopener" target="_blank" href="https://www.sec.gov/rules/sro/nms/2021/34-91487.pdf">limitation of liability provisions</a><span> for the Consolidated Audit Trail (CAT) discourages CAT Participants (i.e. FINRA and the Exchange Groups) from advancing the security protection and design of CAT and CAT data. Although the immunity status of FINRA and Stock Exchanges as Self-Regulatory Organizations (SROs) may be broad, including affirmative acts and omissions and failure...
Source: mondovisione.com