Breadcrumb

Final Rule

Amendments to the National Market System Plan Governing the Consolidated Audit Trail

Overview

The Securities and Exchange Commission is adopting amendments to the national market system plan governing the consolidated audit trail. The amendments impose public transparency requirements on the self-regulatory organizations that are participants in the plan. Under the amendments, plan participants are required to publish and file with the Securities and Exchange Commission a complete implementation plan for the consolidated audit trail and quarterly progress reports. The amendments also establish financial accountability provisions.

Prior Actions

Last Reviewed or Updated: Oct. 5, 2023