As June Deadline Looms, Broker-Dealers Begin Reporting to the CAT
As CAT reporting activity picks up, error rates have somewhat surprisingly been well below what was expected in the testing and production environments.
![trail](/sites/default/files/styles/landscape_750_463/public/2017-10/GettyImages-672459950%20%281%29.jpg.webp?itok=QNoypa8-)
Finra CAT today revealed that 320 firms have begun reporting into the production environment of the Consolidated Audit Trail (CAT) since April 13, while 1,208 firms are certified and ready to meet the June 22 deadline for initial equities reporting. Shelly Bohlin, Finra CAT president and COO, expects about 100 more firms to become certified before that date. Bohlin was speaking during a webinar on June 10, “CAT Goes Live,” hosted by the Securities Industry and Financial Markets Association
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