The backers of the big data consolidated audit trail (CAT) have selected the Financial Industry Regulatory Authority (FINRA), the self-regulatory organization (SRO), to be the next plan processor for the CAT system, replacing Thesys Technologies, which was acting as Thesys CAT. Late last month, news broke that Thesys CAT was being phased out of the plan… Read More >>
National Stock Exchange Announces Its Resurrection
After closing for 17 months, the National Stock Exchange (NSX) is in the final stages of relaunching a national securities exchange for trading equity securities and exchange-traded fund (ETFs) with a strategy to become “the leader in low-fee market access,” say NSX officials. The low-fee strategy is intended to drive higher levels of activity than… Read More >>
