1 of 1
Story summary
- The U.S. Securities and Exchange Commission seeks public input to reduce the Consolidated Audit Trail's (CAT) costs and data scope.
- CAT was created after 2010 flash crash.
- Chairman Paul Atkins says public comments guide the review.
- CAT's costs exceeded $248 million, with the SEC revising them to $156 million for FY 2026.
- Citadel Securities and the American Securities Association petition for a federal funding review, and industry leaders support it.
