The Consolidated Audit Trail (Part I): Reconstructing Humpty Dumpty The CAT is the largest data undertaking ever proposed for the US securities market. Clearly implying, there is a lot at stake here. A lot of time and effort has gone in to get the market to approve and support this large initiative. Now it is in the hands of the SROs to make sure that humpty dumpty stays on the wall. Keeping in mind the significance of this project TABB Group has created a three report series on the CAT program highlighting the key elements and challenges of the CAT. This TABB group focus note - The Consolidated Audit Trail: Reconstructing Humpty-Dumpty, describes the need for the CAT and analyzes the current state of the CAT process.
THE CONSOLIDATED AUDIT TRAIL (PART I)