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Consolidated Audit Trail, LLC and FINRA CAT, LLC will host Biweekly Industry Testing Checkpoint Calls for CAIS/LTID every other Wednesday at 4:15 pm ET.

Please note that FINRA CAT, LLC is now utilizing Zoom to conduct industry webinars. Please check your firewall to ensure your firm has the ability to view Zoom content. If you are unable to download and run Zoom, please click the “join from your browser” link. The presentation document and recording will be posted.

Consolidated Audit Trail, LLC and FINRA CAT, LLC will host Biweekly Industry Testing Checkpoint Calls for CAIS/LTID every other Wednesday at 4:15 pm ET.

Please note that FINRA CAT, LLC is now utilizing Zoom to conduct industry webinars. Please check your firewall to ensure your firm has the ability to view Zoom content. If you are unable to download and run Zoom, please click the “join from your browser” link. The presentation document and recording will be posted.

There is no record limit for files submitted to CAT CAIS through SFTP. However, files submitted through SFTP are limited to a maximum uncompressed size of 100GB. Files sizes <= 1GB are recommended as feedback will be returned faster. For more information, see CAIS Technical Specification section 5.1.3 – Data File Submission. Note that the file size recommendations for CAT CAIS are different from the file size recommendations for CAT Transaction reporting.

The requirements are detailed in the CAT CAIS Industry Member Onboarding Guide.

LTID identifiers are issued by the SEC. These are not publicly available. 

Because all CAIS data is maintained separately from transaction data for data security reasons, Industry Members are required to establish separate Reporting Relationships for CAIS. It is acceptable to have relationships with the same party for both CAT transaction data and CAIS; however they are separate relationships and will need to be separately established. CAT CAIS Reporting Relationships must be established to authorize another CAT Reporting Agent to submit on a firm’s behalf. Relationships must be established prior to any data submissions to the CAT CAIS Reporter Portal.

Yes, Production data may be submitted to the CAIS Test environment.  Optionally, data submitted to the CAIS Test environment can be obfuscated; however it is not required. For more information on testing in the CAT CAIS Test environment, see Section 7 of the CAT CAIS Specifications.

As explained in FAQs Q6 and Q31, CAT Reporters are required to obtain and report LTIDs to CAT, including introducing brokers and executing brokers that use separate clearing brokers. In contrast, Legal Entity Identifiers (LEIs) are not required to be disclosed to a broker-dealer, nor is a broker-dealer required to obtain an LEI from its customers.  Further, there are no obligations imposed by SEC Rule 613 or the CAT NMS Plan to obtain an LEI from a customer for purposes of reporting it to CAT.