- FAQU17. Are changes to CAT reportable attributes of an allocation after the original booking of shares/contracts that occur post-settlement required to be reported to CAT as an Amended Allocation event (MEAA)?
Changes to CAT reportable attributes of an allocation after the original booking of shares/contracts are required to be reported to CAT as either an Allocation Amendment event (MEAA) or the cancellation of a Post-Trade Allocation event (MEPA) followed by a new Post-Trade Allocation event regardless if they occur pre-settlement or post-settlement.
- FAQQ35. Where can Industry Members find information regarding production readiness testing requirements for CAT CAIS?
The requirements are detailed in the CAT CAIS Industry Member Onboarding Guide.
LTID identifiers are issued by the SEC. These are not publicly available.
- FAQQ33. May an Industry Member leverage a previously established Reporting Relationship for CAIS? For example, if an Industry Member has already authorized a submitter to report transaction data to CAT, must that Industry Member also authorize the same submitter to report data to CAIS?
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.
- FAQU20. When converting the price of a non-US dollar currency for the purpose of reporting a CAT Allocation event, is it acceptable to use the end of day conversion rate?
Yes, it would be acceptable to use an end of day currency conversion rate.
- Reference Material
- Technical Specifications
Consolidated Audit Trail, LLC and FINRA CAT, LLC will host Weekly Industry Testing Checkpoint Calls every Tuesday at 4:15 pm ET beginning on January 7, 2020 until further notice. The events will be held at 4:15 pm ET.
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- Technical Specifications