Consolidated Audit Trail Industry Call and Webex 12/10/14

Consolidated Audit Trail Industry Call and Webex

December 10, 2014

Updated: Presentation (updated 2/10/15)

Note: The December 10 presentation document was updated as of 2/10/15 to reflect revisions to the analysis of the Broker-Dealer Cost Study.

The national securities exchanges and FINRA (collectively the “SROs”) together hosted a conference call and WebEx event to discuss the current status around the creation of the Consolidated Audit Trail (CAT). This event was open to all industry and interested participants. Please note this event was closed to the media.

During this event, the SROs provided an overview of the latest progress of the CAT including the filing of the CAT NMS Plan on September 30th, 2014, the development of a funding model, and next steps in the development of the CAT. This event included a polling session to seek feedback from the industry on CAT development efforts and a Q&A session so that interested parties could ask questions regarding CAT concepts and processes, as well as other CAT implementation issues.

The event was held on December 10, 2014 from 4.30 p.m. – 5.30 p.m. ET.