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The industry group wants the SEC to rethink data collection and data breach liability policies related to the Consolidated Audit Trail (CAT).
The Securities Industry and Financial Markets Association (SIFMA) has had securities industry data breaches on its mind lately. First, SIFMA is calling on the SEC to temporarily halt the technical specification process for the Customer and Account Information System (CAIS) of the Consolidated Audit Trail (CAT) because the industry group is questioning whether the data...
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