Regulators Extend Consolidated Audit Trail Reporting
Published Date: 7/22/2026
Notice
Summary
The SEC is asking for comments to extend the paperwork rules tied to Rule 613, which helps track stock trades through a big, shared system called the Consolidated Audit Trail (CAT). This affects stock exchanges and trading groups who must keep sending trade info to keep markets fair and transparent. No new costs or deadlines are added now, but the extension keeps this important info flowing smoothly.
Analyzed Economic Effects
3 provisions identified: 2 benefits, 1 costs, 0 mixed.
Extension keeps CAT reporting active
The SEC is extending the paperwork collection tied to Rule 613 so national exchanges, the national securities association, and broker-dealers must keep reporting trade and order data to the Consolidated Audit Trail. The Commission estimates 1,199 respondents will spend about 4,122,488 hours per year at an aggregate cost of about $384,727,051 per year to comply.
PII and retention limits reduced in CAT
The SEC has previously allowed self-regulatory organizations to remove customer and account-level personally identifying information from the CAT, such as Social Security numbers, Individual Taxpayer Identification Numbers, dates of birth, names, addresses, and years of birth for certain persons. The Commission and plan amendments have also permitted shortening data retention and deletion schedules, including deleting CAT data older than three years, options market maker quotes older than six months, Interim Operational Data older than 15 days, and Options SIP Data older than six months.
CAT data improves regulator oversight
The CAT is intended to improve the quality of data regulators use in four areas—completeness, accuracy, accessibility, and timeliness—to help regulators reconstruct market events and perform surveillance, examinations, investigations, and enforcement. Continuing the CAT data collection keeps those data-driven regulatory activities supported so regulators can continue market analysis and enforcement work.
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Previous / Next Documents
Previous: 2026-14739, Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 17a-10
The SEC is asking for comments to keep Rule 17a-10 going, which helps broker-dealers share important financial info with the government. This rule mainly affects broker-dealers who don’t file monthly or quarterly reports, requiring them to submit yearly financial statements within 17 business days after the year ends. No new costs are expected, but the rule keeps the SEC in the know about the securities industry.
Next: 2026-14741, Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 15c6-2
The SEC is asking for comments to keep collecting info under Rule 15c6-2, which helps brokers settle stock trades faster—usually the next business day instead of two days. This rule affects brokers and dealers who must have clear written plans to confirm and finish trades quickly. No big new costs or deadlines, just a smooth extension to keep things running on time.