On June 29, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 20-20, updating members on regulatory coordination efforts concerning compliance with Consolidated Audit Trail (CAT) reporting rules. Specifically, FINRA and the national securities exchanges, as CAT NMS Plan Participants, have entered into a Rule 17d-2 Plan and corresponding Regulatory Services Agreements to coordinate regulation of the CAT compliance rules through FINRA. Additionally, FINRA and the exchanges have also developed a coordinated approach to enforce the CAT compliance rules under the Participants’ respective Minor Rule Violation Plans.

The Notice is available here.