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Consolidated Audit Trail, LLC and FINRA CAT, LLC will host Industry Testing Checkpoint Calls every other Tuesday at 4:15 pm ET beginning on February 2, 2021 until further notice. 

Please note that FINRA CAT, LLC utilizes 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. This webinar will be recorded. The presentation document and recording will be posted.

On Wednesday, March 24, 2021 at 4:15 pm ET, Consolidated Audit Trail, LLC and FINRA CAT, LLC will host an industry webinar focused on OTC Link ATS reporting scenarios. This session will be a follow-up to the March 10, 2021 industry webinar focused on the Phase 2d CAT quote and order reporting requirements for OTC Link ATS subscribers.

To provide flexibility, CAT will accept the net price of a multi-leg strategy order as either a “per unit” amount, “total strategy” or “total cash” amount.

In most cases, a multi-leg strategy is represented with the leg ratios in their simplest form, and the order quantity representing the number of strategy “units” the customer or firm is looking to execute.  The “per unit” price represents each set of legs as defined in the CAT MLEG record.

The ltidEffectiveDate in this scenario is the date the Industry Member was provided the LTID and it was associated with the account. If an Industry Member stores LTIDs at the entity, top account or relationship level (for example, in the case of institutional accounts), the ltidEffectiveDate may be reported as the date the Industry Member associated the LTID to the top-level account (for all associated subaccounts) or the entity or relationship level for all associated FDIDs.

No, order events occurring prior to an IPO symbol’s inclusion on the CAT Reportable Securities List are not required to be reported to CAT in Phases 2a/2b/2c. In Phases 2a/2b/2c, secondary events that occur after an IPO symbol’s inclusion on the CAT Reportable Securities List that are reported to CAT and are marked unlinked for parent not found will not be considered a CAT Reporting violation if at the time of the parent event, the symbol was not on the CAT Reportable Securities List.

On March 23, 2021 at 4:15 pm ET, Consolidated Audit Trail, LLC and FINRA CAT, LLC will host an industry webinar to walk through various reporting scenario examples and how the related data appears on the Industry Member Report Cards.

Please note that FINRA CAT, LLC utilizes 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. This webinar will be recorded. The presentation document and recording will be posted.