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SEC announces exemption for CAT personal information requirement

Caroline Crenshaw
Caroline Crenshaw. Photo: Leigh Vogel/Getty Images for The New York Times

The decision provoked a dissent from SEC commissioner Caroline Crenshaw.

The SEC has announced an exemption from the requirement to report personally identifiable information (PII), such as names, addresses, and years of birth to the Consolidated Audit Trail (CAT.)

The CAT, which tracks trade orders throughout their life cycles, previously required personal information in order to generate the unique IDs