This course delivers a focused examination of the SEC’s proposed rule for the Consolidated Audit Trail (CAT), providing detailed insight into regulatory objectives, funding models, privacy and security safeguards, and changes to U.S. securities market audit trails. Learn how the CAT is designed to enhance market transparency, support enforcement, and address evolving risks—while understanding your role in shaping the rule through public comment. Ideal for compliance professionals, market participants, and stakeholders seeking actionable regulatory knowledge.
In this course you will learn the following:
* Understand the purpose and goals of the proposed CAT rule.
* Identify the current audit trails and data sources used by regulators.
* Recognize the structure, governance, and funding mechanisms of the CAT.
* Describe the proposed design, scope, and potential changes to CAT and related systems.
* Appreciate the importance of civil liberties, privacy, and cybersecurity considerations.
* Engage effectively in the public comment process and understand how feedback can influence the final rule.
