Blog

By Robert Cook, President and CEO, FINRA. The Consolidated Audit Trail, or CAT, is an SEC-mandated reporting system that collects data regarding trading in the U.S. equities and options markets. The SEC first proposed CAT in 2010 when the limitations of pre-CAT reporting facilities were highlighted by the Flash Crash. The final CAT rule was adopted by the SEC in 2012, a more detailed plan for CAT was approved by the SEC in 2016, and reporting into CAT was implemented in phases from 2018 to 2024.

As a not-for-profit membership organization, we are committed to transparency and engagement with our members regarding our finances. Accordingly, we want to update you on FINRA’s plans over the next several years for funding our mission of protecting investors and promoting market integrity in a manner that facilitates vibrant capital markets.

By Greg Ruppert, Executive Vice President, Member Supervision and Jonathan Sokobin, Executive Vice President, Chief Economist and Head of the Office of Regulatory Economics and Market Analysis

By Bill St. Louis, Executive Vice President and Head of FINRA EnforcementFINRA Enforcement works on the front lines of investor protection. This blog post discusses some of the key objectives that drive this critical work.

By Karen Braine, Vice President, Surveillance and Market Intelligence, Insider Trading Detection

By Christine Kieffer, Senior Director, Office of Investor Education, FINRA

By Jason Foye, Chief of FINRA’s Crypto Hub

By Kara Williams and Gargi Sharma

By Kara Williams and Gargi Sharma

By FINRA Departments of Member Supervision and Enforcement A call to FINRA’s Senior Helpline resulted in $3.4 million returned to approximately 300 customers.